Acme Company

Balance Sheet

As of January $5,2024$

$($amounts in thousands$)$

Cash $9,100$ Accounts Payable $1,900$

Accounts Receivable $4,400$ Debt $2,400$

Inventory $4,800$ Other Liabilities $600$

Property Plant & Equipment $15,600$ Total Liabilities $4,900$

Other Assets $2,600$ Paid$-$In Capital $6,900$

Retained Earnings $24,700$

Total Equity $31,600$

Total Assets $36,500$ Total Liabilities & Equity $36,500$

Update the balance sheet above to reflect the transactions below, which occur on January $6,2024$

$1.$ Purchase equipment for $$43,000$ in cash

$2.$ Receive payment of $$11,000$ owed by a customer

$3.$ Buy $$14,000$ worth of manufacturing supplies on credit

$4.$ Issue $$70,000$ in stock

What is the final amount in Inventory?

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$).$