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Dansko Integrated Balance Sheet As of January 3, 2023 (amounts in thousands) Cash 9,900 Accounts Payable 2,700 Accounts Receivable 4,500 Debt 3,500 Inventory 3,800 Other

Dansko Integrated Balance Sheet As of January 3, 2023 (amounts in thousands)
Cash 9,900 Accounts Payable 2,700
Accounts Receivable 4,500 Debt 3,500
Inventory 3,800 Other Liabilities 1,000
Property Plant & Equipment 16,800 Total Liabilities 7,200
Other Assets 1,600 Paid-In Capital 8,000
Retained Earnings 21,400
Total Equity 29,400
Total Assets 36,600 Total Liabilities & Equity 36,600

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 Accounts Payable 4
Cash 4
Paid money owed to supplier
Jan 5 Cash 90
Paid-In Capital 90
Issued stock
Jan 6 Cash 16
Inventory 13
Retained Earnings 3
Sold and delivered product to customer
Jan 7 Property, Plant & Equipment 49
Cash 49
Paid cash for machine
Jan 8 Cash 65
Debt 65
Borrowed money from bank
Jan 9 Cash 10
Accounts Receivable 10
Received customer payment
Jan 10 Inventory 17
Accounts Payable 17
Bought manufacturing supplies on credit

What is the final amount in Total Equity?

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