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