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Balance Sheets for Mergers [LO2] Silver Enterprises has acquired All Gold Mining in a merger transaction. Construct the balance sheet for the new corporation if

Balance Sheets for Mergers [LO2] Silver Enterprises has acquired All Gold Mining in a merger transaction. Construct the balance sheet for the new corporation if the merger is treated as a pooling of interests for accounting purposes. The following balance sheets represent the premerger book values for both firms:

Silver Enterprises
Current Assets 4800 Current Liabilities 2800
Other Assets 1200 Long-term debt 7500
Net fixed assets 15300 Equity 11000
Total 21300 Total 21300
All Gold Mining
Current Assets 1300 Current Liabilities 1350
Other Assets 510 Long-term debt 0
Net fixed assets 6800 Equity 7260
Total 8610 Total 8610

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