1,200 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Ruston Company Balance Sheet As of January 3, 2020 (amounts in thousands) 9,000 Accounts Payable 3,400 Debt 5,100 Other Liabilities 17,500 Total Liabilities 600 Paid-In Capital Retained Earnings Total Equity 35,600 Total Liabilities & Equity 3,600 2,100 6,900 5,900 22,800 28,700 35,600 Total Assets Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts, and construct a final balance sheet to answer the question. Journal amounts in thousands Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts, and construct a final balance sheet to answer the question. Journal amounts in thousands Date Debit Credit Jan 4 55 55 Jan 5 14 14 Jan 6 7 7 Jan 7 12 Account and Explanation Cash Debt Borrowed money from bank Inventory Accounts Payable Bought manufacturing supplies on credit Accounts Payable Cash Paid money owed to supplier Cash Inventory Retained Earnings Sold and delivered product to customer Cash Paid-In Capital Issued stock Property, Plant & Equipment Cash Paid cash for machine Cash Accounts Receivable Received customer payment 10 2 Jan 8 75 75 Jan 9 44 44 Jan 10 13 13 What is the final amount in Total Assets? Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet)