Tesla Corporation has acquired BMW in a merger transaction. The fixed Assets of Tesla have a market value of 10 Billions, the market values for the other assets are the same as book values. The market value for BMW fixed assets is 15 Billions, the market values for the other assets are the same as book values. Assume that Tesla issues 25 Billions in new long-term debt to finance the acquisition. The following balance sheets represent the pre merger book values.

`And Prepare the balance sheet for the new corporation if the merger is treated as a purchase for accounting purposes.

Tesla
Current assets	2	Current liabilities	2
Other assets	1	Long-term debt	15
Net fixed assets	10	Equity	-4
Total	13		13
BMW
Current assets	4	Current liabilities	5
Other assets	2	Long-term debt	0
Net fixed assets	15	Equity	16
Total	21		21