Consider the following pre-merger information about Firm X and Firm Y:

Firm X Firm Y Total earnings $81,000 $15,000 Shares outstanding 38,000 13,000 Per-share values: Market $ 53 $ 18 Book $13 $ 8

Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $6 per share, and that neither firm has any debt before or after the merger. Construct the post-merger balance sheet for Firm X assuming the use of the purchase accounting method.

Assets from X - $__________

Assets from Y - $___________

Goodwill ___________

Total Assets XY $____________