XYZ Company, a retail chain, reports its balance sheet as of December 31, 2023. The company's assets comprise cash, marketable securities, inventory, property, and equipment. Liabilities include accounts payable, accrued expenses, and short-term and long-term debt. Shareholders' equity consists of common stock and additional paid-in capital. XYZ Company's balance sheet reflects its recent acquisition of a competitor. Requirements: a. Calculate the total assets of XYZ Company. b. Determine the total liabilities. c. Analyze the impact of the acquisition on shareholders' equity.