Polaris Corporation acquires Sigma Solutions for $85 million cash. The balance sheets of both companies at the date of acquisition are as follows:

Balance Sheet (in millions)	Polaris	Sigma
Current assets	$90	$12
Property and equipment	$650	$100
Intangibles	$40	$5
Total assets	$780	$117
Current liabilities	$45	$3
Long-term debt	$500	$60
Capital stock	$70	$10
Retained earnings	$180	$40
Accumulated other comp. inc.	$(15)	$4
Total liabilities and equity	$780	$117

Sigma’s equipment is undervalued by $20 million, and intangibles are undervalued by $8 million.

Required: Prepare Polaris’s balance sheet immediately following the merger.