Cash Accounts Receivable Inventory Property Plant & Equipment Hopewell Corporation Balance Sheet As of March 11, 2021 (amounts in thousands) 12,500 Accounts Payable 3,600 Debt 5,200 Other Liabilities 16,700 Total Liabilities 600 Paid-In Capital Retained Earnings Total Equity 38,600 Total Liabilities & Equity 2,400 3,700 3,000 9,100 5,600 23,900 29,500 38,600 Other Assets Total Assets Use T-accounts to record the transactions below, which occur on March 12, 2021, close the T-accounts, and construct a balance sheet to answer the question. 1. Consume good or service and pay expense of $3,000 2. Sell product for $20,000 in cash with historical cost of $16,000 3. Sell, deliver, and receive payment of $35,000 for service What is the final amount in Total Assets? 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)