Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Total Assets Valley Technology Balance Sheet As of January 3, 2022 (amounts in thousands) 9,700 Accounts Payable 1,500 4,500 Debt 2,900 3,800 Other Liabilities 800 16,400 Total Liabilities 5,200 1,700 Paid-In Capital Retained Earnings 7,300 23,600 Total Equity 36,100 Total Liabilities & Equity 30,900 36,100 Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts, and construct a final balance sheet to answer the question. Journal amounts in thousands Date Account and Explanation Debit Credit Jan 4 Inventory 15 Accounts Payable 15 Bought manufacturing supplies on credit Jan 5 Cash Paid-In Capital Issued stock Jan 6 Cash Debt Borrowed money from bank Jan 7 Cash Inventory Retained Earnings Sold and delivered product to customer Jan 8 Cash Accounts Receivable Received customer payment Jan 9 Property, Plant & Equipment Cash Paid cash for machine Jan 10 Accounts Payable 85 85 63 5 83 63 4 1 12 12 44 44 7 7 Cash Paid money owed to supplier What is the final amount in Total Liabilities? Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet)