Dansko Integrated

Balance Sheet

As of March 11, 2020

(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

Use T-accounts to record the transactions below, which occur on March 12, 2020, 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 $40,000 in cash with historical cost of $32,000

3. Sell, deliver, and receive payment of $25,000 for service

What is the final amount in Total Liabilities & Equity?