i need the answer for problem 2. thanks

QUESTIONS AND PROBLEMS FINANCE (Questions 1-8) 1. Calculating synergy ILO3] Pearl, Inc., has offered s357 mallion cash for all ofthe common stock in Jam Corporation. Based million as an independent operation if the merger makes economic sense for Pearl, what is the minimum estimated value of merger? 2. Balance Sheets for Mergers ILO2l Consider the following premerger information about Firm X and Firm Y Firm X Firm Y $11,000 Total earnings 12,000 Shares outstanding 35,000 Per-share values: 57 19 Market 7 3 Book Assume that Firm x acquires Firm Y by paying cash for all the shares outstanding at a merger premium of s6 per share Assu the merger, construct the postmerger balance sheet for Firm X assuming the use of purchase accounting 3. Balance sheets for Mergers ILO2l Assume that the following balance sheets are stated at book value suppose that Meat C Meat Co. $15,000 Current liabilities 5,400 Current assets