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Acme Company Balance Sheet As of January 5 , 2 0 2 0 ( amounts in thousands ) Cash 9 , 7 0 0 Accounts

Acme Company
Balance Sheet
As of January 5,2020
(amounts in thousands)
Cash 9,700 Accounts Payable 1,500
Accounts Receivable 4,500 Debt 2,900
Inventory 3,800 Other Liabilities 800
Property Plant & Equipment 16,400 Total Liabilities 5,200
Other Assets 1,700 Paid-In Capital 7,300
Retained Earnings 23,600
Total Equity 30,900
Total Assets 36,100 Total Liabilities & Equity 36,100
Update the balance sheet above to reflect the transactions below, which occur on January 6,2020
1. Buy $15,000 worth of manufacturing supplies on credit
2. Issue $85,000 in stock
What is the final amount in Cash?
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).

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