Question: In Problem 30 3 suppose the fair market value of James s

In Problem 30.3, suppose the fair market value of James’s fixed assets is $12,000 versus the $7,100 book value shown. Jurion pays $17,000 for James and raises the needed funds through an issue of long-term debt. Construct the post-merger balance sheet now.
In Problem 30.3

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  • CreatedJune 17, 2015
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