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Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands) Cash 9,900 Accounts Payable 2,700 Accounts Receivable 4,500 Debt 3,500 Inventory 3,800

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Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands) Cash 9,900 Accounts Payable 2,700 Accounts Receivable 4,500 Debt 3,500 Inventory 3,800 Other Liabilities 1,000 Property Plant & Equipment 16,800 Total Liabilities 7,200 Other Assets 1,600 Paid-In Capital 8,000 Retained Earnings 21,400 Total Equity 29,400 Total Assets 36,600 Total Liabilities & Equity 36,600 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Sell product for $35,000 with historical cost of $28,000 2. Sell product for $20,000 with historical cost of $16,000 3. Sell product for $25,000 with historical cost of $20,000 What is the final amount in Retained Earnings? 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 (ie., enter the number from your updated balance sheet).

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