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Cash 1,200 Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,000 Accounts

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Cash 1,200 Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,000 Accounts Payable 3,400 Debt 5,100 Other Liabilities 17,500 Total Liabilities 600 Paid-In Capital Retained Earnings Total Equity 35,600 Total Liabilities & Equity 3,600 2,100 6,900 5,900 22,800 28,700 35,600 Total Assets Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Borrow $55,000 from a bank 2. Buy $14,000 worth of manufacturing supplies on credit 3. Pay $7,000 owed to a supplier 4. Receive payment of $12,000 owed by a customer What is the final amount in Cash? Please specify your answer in the same units as the balance sheet

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