The Turf-Top Lawn Mower Company has acquired the Quick Clean Power Snow Shovel Company.Turf-Top has agreed to pay $400 in stock through a tender offer.All liabilities will be assumed.The statements of financial postion of both companies are at market values which are also the book values before the combination.Construct the new statement of financial postion for this tax-free acquisition.How has the position of TTLM shareholders changed?
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