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Hopewell Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash Other Assets Total Assets 24,000 42,000 66,000 29,000 Liabilities 37,000 Equity 66,000

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Hopewell Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash Other Assets Total Assets 24,000 42,000 66,000 29,000 Liabilities 37,000 Equity 66,000 Total Liabilities & Equity Hopewell Corporation Income Statement January 1 to March 31, 2018 (amounts in thousands) Revenue Expenses Net Income 7,500 2,200 5,300 Between January 1 and March 31, 2018: 1. Cash decreases by $300,000 2. Liabilities increase by $400,000 3. Paid-In Capital does not change 4. Dividends paid of $500,000 What is the value for Other Assets on March 31, 2018? Please specify your answer in the same units as the financial statements ation tips

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