The balance sheet of MT Co. shows current assets of $14,000, net
fixed assets of $21,800, current liabilities of $4,300, long-term
debt of $2,600, and equity of $28,900. The balance sheet of LF Inc.
has current assets of $4,700, net fixed assets of $8,100, current
liabilities of $2,200, long-term debt of $1,200, and equity of
$9,400. The market value of LF's fixed assets is $14,100. MT
purchases LF for $20,000 and raises the funds through an issue of
long-term debt....