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2,000 3,600 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Nippon Technology Balance Sheet As of March 11, 2020 (amounts in thousands) 13,700

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2,000 3,600 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Nippon Technology Balance Sheet As of March 11, 2020 (amounts in thousands) 13,700 Accounts Payable 3,200 Debt 5,100 Other Liabilities 15,400 Total Liabilities 800 Paid-In Capital Retained Earnings Total Equity 38,200 Total Liabilities & Equity 900 6,500 7,200 24,500 31,700 38,200 Total Assets Use T-accounts to record the transactions below, which occur on March 12, 2020, close the T-accounts, and construct a balance sheet to answer the question. 1. Sell, deliver, and receive payment of $20,000 for service 2. Consume good or service and pay expense of $2,000 3. Sell product for $25,000 in cash with historical cost of $20,000 What is the final amount in Total Assets? 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 (.e, enter the number from your updated balance sheet)

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