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Record the transactions in a journal, transfer the journal entries to T - accounts, compute closing amounts for the T - accounts, and construct a

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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. Purchase equipment for $50,000 in cash
Jan 26. Borrow $67,000 from a bank
Jan 27. Issue $80,000 in stock
What is the final amount in Total Equity?
Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars.
Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated
balance sheet).
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