Cash Accounts Receivable Acme Company Balance Sheet As of January 5, 2021 (amounts in thousands) 14,700 Accounts Payable 4,800 Debt 3,800 Other Liabilities 15,800 Total Liabilities 900 Paid-In Capital Retained Earnings Inventory Property Plant & Equipment Other Assets 2,400 3,700 5,000 11,100 6,000 22,900 28,900 40,000 Total Equity Total Assets 40,000 Total Liabilities & Equity Update the balance sheet above to reflect the transactions below, which occur on January 6, 2021 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? 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)