total earnings $ 85,000 $ 11,000 shares outstanding 30,000 8,000 pre-share values: market $ 58 $ 13 book $ 6 $ 2 assume that firm x acquires firm y by issuing long-term debt for all the shares outstanding at a merger premium of $6 per share, and that neither firm has any debt before the merger. list the assets of the combined firm assuming the purchase accounting m