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1 2 3 4 5 6 All Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) Cash 9,900 Accounts Payable 2,700 Accounts

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Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands)
Cash 9,900 Accounts Payable 2,700
Accounts Receivable 4,500 Debt 3,500
Inventory 3,800 Other Liabilities 1,000
Property Plant & Equipment 16,800 Total Liabilities 7,200
Other Assets 1,600 Paid-In Capital 8,000
Retained Earnings 21,400
Total Equity 29,400
Total Assets 36,600 Total Liabilities & Equity 36,600

Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020

1. Sell product for $35,000 with historical cost of $28,000 2. Sell product for $20,000 with historical cost of $16,000 3. Sell product for $25,000 with historical cost of $20,000

What is the final amount in Retained Earnings?

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