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Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2022 (amounts in thousands) 14,300 Accounts
Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2022 (amounts in thousands) 14,300 Accounts Payable 4,100 Debt 5,800 Other Liabilities 14,800 Total Liabilities Total Assets 700 Paid-In Capital Retained Earnings Total Equity 39,700 Total Liabilities & Equity Update the balance sheet above to reflect the transactions below, which occur on January 6, 2022 1. Purchase equipment for $50,000 in cash 2. Borrow $67,000 from a bank 3. Issue $80,000 in stock 4. Buy $16,000 worth of manufacturing supplies on credit What is the final amount in Inventory? 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). 1,900 3,200 4,000 9,100 7,700 22,900 30,600 39,700
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