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2: Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Total Assets Acme Company Balance Sheet As of January 5, 2022 (amounts in
2: Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Total Assets Acme Company Balance Sheet As of January 5, 2022 (amounts in thousands) 9,000 Accounts Payable 1,200 3,400 Debt 3,600 5,100 Other Liabilities 2,100 17,500 Total Liabilities 6,900 600 Paid-In Capital Retained Earnings Total Equity 5,900 22,800 28,700 35,600 Total Liabilities & Equity 35,600 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2022 1. Borrow $55,000 from a bank 2. Buy $14,000 worth of manufacturing supplies on credit 3. Pay $7,000 owed to a supplier 4. Receive payment of $12,000 owed by a customer 5. Issue $75,000 in stock 6. Purchase equipment for $44,000 in cash 7. Receive payment of $13,000 owed by a customer What is the final amount in Cash?
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