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Acme Company Balance Sheet As of January 5, 2019 (amounts in thousands) Cash 14,100 Accounts Payable 1,900 Accounts Receivable 3,200 Debt 3,600 Inventory 4,900 Other

Acme Company Balance Sheet As of January 5, 2019 (amounts in thousands)
Cash 14,100 Accounts Payable 1,900
Accounts Receivable 3,200 Debt 3,600
Inventory 4,900 Other Liabilities 2,000
Property Plant & Equipment 16,300 Total Liabilities 7,500
Other Assets 500 Paid-In Capital 7,200
Retained Earnings 24,300
Total Equity 31,500
Total Assets 39,000 Total Liabilities & Equity 39,000

Update the balance sheet above to reflect the transactions below, which occur on January 6, 2019

1. Sell product for $40,000 with historical cost of $32,000 2. Sell product for $30,000 with historical cost of $24,000 3. Sell product for $25,000 with historical cost of $20,000

What is the final amount in Retained Earnings?

Please specify your answer in the same units as the balance sheet.

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