Suppose the fair market value of James's fixed assets is $26,150 versus the $16,250 book value shown. Jurion pays $37,950 for James and raises the needed funds through an issue of long-term debt. Construct the postmerger balance sheet under the purchase method of accounting.

Assume that the following balance sheets are stated at book value. $ 9,400 Current assets Net fixed assets Jurion Co. $30,500 Current liabilities 56,000 Long-term debt Equity 15,600 61,500 Total $86,500 Total $86,500 $ 4,600 Current assets Net fixed assets James, Inc. Current $ 6,750 liabilities 16,250 Long-term debt Equity 3,350 15,050 Total $23,000 Total $23,000 Suppose the fair market value of James's fixed assets is $26,150 versus the $16,250 book value shown. Jurion pays $37,950 for James and raises the needed funds through an issue of long-term debt. Construct the postmerger balance sheet under the purchase method of accounting. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Current assets Fixed assets Jurion Co., post-merger Current liabilities Long-term debt Equity Total Goodwill Total