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Hopewell Corporation Balance Sheet As of January 24, 2019 (amounts in thousands) Cash 12,500 Accounts Payable 2,400 Accounts Receivable 3,600 Debt 3,700 Inventory 5,200 Other

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Hopewell Corporation Balance Sheet As of January 24, 2019 (amounts in thousands) Cash 12,500 Accounts Payable 2,400 Accounts Receivable 3,600 Debt 3,700 Inventory 5,200 Other Liabilities 3,000 Property Plant & Equipment 16,700 Total Liabilities 9,100 600 Paid-In Capital Other Assets 5,600 Retained Earnings 23,900 Total Equity 29,500 Total Assets 38,600 Total Liabilities & Equity 38,600 Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts for the T- accounts, and construct a balance sheet to answer the question. Jan 25. Consume good or service and pay expense of $3,000 Jan 26. Sell product for $20,000 in cash with historical cost of $16,000 Jan 27. Sell, deliver, and receive payment of $35,000 for service What is the final amount in Total Assets? Please specify your answer in the same units as the balance sheet. igation tips

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