Consider the following premerger information about Firm X and Firm Y:

Firm X Firm Y

Total earnings $ $96,000$ $ $22,500$

Shares outstanding $53,00018,000$

Per$-$share values:

Market $ $53$ $ $18$

Book $ $14$ $ $8$

Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $$5$ per share, and that neither firm has any debt before or after the merger. Construct the postmerger balance sheet for Firm X assuming the use of the purchase accounting method. $($Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.,32.)$Consider the following premerger information about Firm $x$ and Firm $Y$ :

Assume that Firm $x$ acquires Firm $Y$ by paying cash for all the shares outstanding at a

merger premium of $$5$ per share, and that neither firm has any debt before or after the

merger. Construct the postmerger balance sheet for Firm $x$ assuming the use of the

purchase accounting method. $($Do not round intermediate calculations and round your

answers to the nearest whole number, e$.$g$.,32.)$