Week 7 Problems i Saved 5 Assume that the following balance sheets are stated at book value. The fair market value of James's fixed assets is equal to $ Jurion pays $17,080 for James and raises the needed funds through an issue of long-term debt. 20 Jurion Co. points Current assets $ 12, 675 Current liabilities $ 5, 660 Net fixed assets 37, 350 Long-term debt 10, 250 Equity 34, 115 eBook Total $ 50, 025 Total $ 50, 025 Hint James, Inc. Print Current assets $ 3,670 Current liabilities $ 1, 660 References Net fixed assets 7, 120 Long-term debt 2, 170 Equity 6,960 Total $10, 790 Total $10, 790 Construct a postmerger balance sheet assuming that Jurion Co. purchases James, Inc., and the purchase method of accounti used. (Do not round intermediate calculations.) Jurion Co., post-merger Current assets $ Current liabilities $ Fixed assets Long-term debt Goodwill Equity Total $ Total $