Assume that the following balance sheets are stated at book value.

Meat Co.
Current assets	$	13,000		Current liabilities	$	5,800
Net fixed assets		37,500		Long-term debt		10,300
				Equity		34,400
Total	$	50,500		Total	$	50,500

Loaf, Inc.
Current assets	$	3,900		Current liabilities	$	1,800
Net fixed assets		8,400		Long-term debt		2,400
				Equity		8,100
Total	$	12,300		Total	$	12,300

Suppose the fair market value of Loafs fixed assets is $12,300 versus the $8,400 book value shown. Meat pays $19,000 for Loaf and raises the needed funds through an issue of long-term debt. Construct the postmerger balance sheet, assuming that the purchase method of accounting is used.

Meat Co., post-merger
Current assets	$		Current liabilities	$
Fixed assets			Long-term debt
Goodwill			Equity
Total	$		Total	$