Silver Enterprises has acquired All Gold Mining in a merger transaction. Construct the balance sheet for the new corporation if the merger is treated as a purchase for accounting purposes. The market value of All Gold Mining€™s fixed assets is $5,800; the market values for current and other assets are the same as the book values. Assume that Silver Enterprises issues $13,800 in new long-term debt to finance the acquisition. The following balance sheets represent the premerger book values for bothfirms:

Silver Enterprises Current assets Other assets Net fixed assets 5,200 3,700 17.300 $26,200 $ 8,600 Current liabilities Long-term debt Equity 1,800 Total $26,200 Total All Gold Mining $2,300 Current assets Other assets Net fixed assets $2,500 850 5,800 $9,150 Current liabilities Long-term debt Equity 6.850 $9,150 Total Total