Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands)Cash14,700Accounts Payable2,400Accounts Receivable4,800Debt3,700Inventory3,800Other Liabilities5,000Property Plant & Equipment15,800Total Liabilities11,100Other Assets900Paid-In Capital6,000 Retained Earnings22,900 Total Equity28,900Total Assets40,000Total Liabilities & Equity40,000

Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Sell product for $25,000 with historical cost of $20,000 2. Sell product for $20,000 with historical cost of $16,000 3. Sell product for $40,000 with historical cost of $32,000

What is the final amount in Retained Earnings?