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PLEASE ANSWER CAREFULLY AT THE VERY BOTTOM. PUT THE ANSWER AT THE VERY BOTTOM WITH BIG BOLD NUMBERS. PLEASE READ THE INSTRUCTIONS. PLEASE ANSWER IN
PLEASE ANSWER CAREFULLY AT THE VERY BOTTOM. PUT THE ANSWER AT THE VERY BOTTOM WITH BIG BOLD NUMBERS.
PLEASE READ THE INSTRUCTIONS.
PLEASE ANSWER IN THOUSANDTHS !! VERY CONFUSING IF NOT FIGURED CORRECTLY.
Use the starting balance sheet, income statement, and the list of changes to answer the question. Ruston Company Balance Sheet As of December 31, 2018 (amounts in thousands) 21,000 Liabilities 31,000 Equity 52,000 Total Liabilities & Equity Cash Other Assets Total Assets 25,000 27,000 52,000 Ruston Company Income Statement January 1 to March 31, 2019 (amounts in thousands) Revenue Expenses Net Income 3,100 4,400 -1,300 Between January 1 and March 31, 2019: 1. Other Assets decrease by $200,000 2. Liabilities increase by $300,000 3. Paid-In Capital does not change 4. Dividends paid of $100,000 What is the value for Cash on March 31, 2019? Please specify your answer in the same units as the financial statements
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