Acme Company

Balance Sheet

As of January 5, 2020

(amounts in thousands)Cash9,700Accounts Payable1,500Accounts Receivable4,500Debt2,900Inventory3,800Other Liabilities800Property Plant & Equipment16,400Total Liabilities5,200Other Assets1,700Paid-In Capital7,300Retained Earnings23,600Total Equity30,900Total Assets36,100Total Liabilities & Equity36,100

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).