2: Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) Cash Accounts Receivable Inventory 14,100 Accounts Payable 1,900 3,200 Debt 3,600 4,900 Other Liabilities 2,000 Property Plant & Equipment 16,300 Total Liabilities 7,500 Other Assets Total Equity Total Assets 500 Paid-In Capital Retained Earnings 39,000 Total Liabilities & Equity 7,200 24,300 31,500 39,000 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Issue $80,000 in stock 2. Borrow $65,000 from a bank 3. Receive payment of $12,000 owed by a customer 4: Pay $6,000 owed to a supplier 5. Buy $17,000 worth of manufacturing supplies on credit 6. Purchase equipment for $47,000 in cash 7. Pay $8,000 owed to a supplier What is the final amount in Cash? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars,