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

	Firm X			Firm Y
Total earnings	$	80,000		$	14,500
Shares outstanding		37,000			12,000
Per-share values:
Market	$	52		$	17
Book	$	12		$	7

Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $7 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.)

Assets from X $______

Assets from Y $_______

Goodwill $_______

Total Assets XY $______