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Ruston Company Balance Sheet As of January 24, 2022 (amounts in thousands) Cash 9,000 Accounts Payable 1,200 Accounts Receivable 3,400 Debt 3,600 Inventory 5,100 Other

Ruston Company Balance Sheet As of January 24, 2022 (amounts in thousands)
Cash 9,000 Accounts Payable 1,200
Accounts Receivable 3,400 Debt 3,600
Inventory 5,100 Other Liabilities 2,100
Property Plant & Equipment 17,500 Total Liabilities 6,900
Other Assets 600 Paid-In Capital 5,900
Retained Earnings 22,800
Total Equity 28,700
Total Assets 35,600 Total Liabilities & Equity 35,600

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. Borrow $55,000 from a bank Jan 26. Buy $14,000 worth of manufacturing supplies on credit Jan 27. Pay $7,000 owed to a supplier Jan 28. Receive payment of $12,000 owed by a customer Jan 29. Issue $75,000 in stock

What is the final amount in Total Assets?

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