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 $6,300; the market values for current and other assets are the same as the book values. Assume that Silver Enterprises issues $12,500 in new long-term debt to finance the acquisition. The following balance sheets represent the premerger book values for both firms:

Silver Enterprises Current assets Other assets Net fixed assets $ 8,600 1,800 Current liabilities Long-term debt Equity 5,200 3,700 Total $26,200 Total $26,200 All Gold Mining Current assets Other assets Net fixed assets $2,300 750 5.400 $8,450 Current liabilities 2,300 Long-term debt Equity 6.150 $ 8,450 Total Total