2,000 3,600 Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) Cash 13,700 Accounts Payable Accounts Receivable 3,200 Debt Inventory 5,100 Other Liabilities Property Plant & Equipment 15,400 Total Liabilities Other Assets 800 Paid-In Capital Retained Earnings Total Equity Total Assets 38,200 Total Liabilities & Equity 900 6,500 7,200 24,500 31,700 38,200 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Sell product for $40,000 with historical cost of $32,000 2. Sell product for $25,000 with historical cost of $20,000 3. Sell product for $30,000 with historical cost of $24,000 What is the final amount in Retained Earnings? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars. Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet)