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2,800 3,400 Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) Cash 8,400 Accounts Payable Accounts Receivable 4,700 Debt Inventory 4,200 Other

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2,800 3,400 Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) Cash 8,400 Accounts Payable Accounts Receivable 4,700 Debt Inventory 4,200 Other Liabilities Property Plant & Equipment 17,200 Total Liabilities Other Assets 2,800 Paid-In Capital Retained Earnings Total Equity Total Assets 37,300 Total Liabilities & Equity 900 7,100 6,700 23,500 30,200 37,300 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Borrow $52,000 from a bank 2. Purchase equipment for $48,000 in cash 3. Issue $85,000 in stock 4. Buy $15,000 worth of manufacturing supplies on credit What is the final amount in Cash? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars

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