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2,700 3,500 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,900
2,700 3,500 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,900 Accounts Payable 4,500 Debt 3,800 Other Liabilities 16,800 Total Liabilities 1,600 Paid-In Capital Retained Earnings Total Equity 36,600 Total Liabilities & Equity 1,000 7,200 8,000 21,400 29,400 36,600 Total Assets Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Pay $4,000 owed to a supplier 2. Issue $90,000 in stock 3. Buy $16,000 worth of manufacturing supplies on credit 4. Purchase equipment for $49,000 in cash What is the final amount in Inventory? Please specify your answer in the same units as the balance sheet
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