Knapps Enterprises has acquired Leamington Corp. in a merger transaction. The following statements of financial position represent

the pre$-$merger book values for both firms:

Construct the statement of financial position for the new corporation assuming that the transaction is treated as a purchase for

accounting purposes. The market value of Leamington's fixed assets is $$9,100$; the market values for current and other assets are the

same as the book values. Assume that Knapps Enterprises issues $$15,000$ in new long$-$term debt to finance the acquisition. $($Omit $"$$$"$

sign in your response.$)$