Ruston Company

Balance Sheet

As of March 11, 2020

(amounts in thousands)Cash9,000Accounts Payable1,200Accounts Receivable3,400Debt3,600Inventory5,100Other Liabilities2,100Property Plant & Equipment17,500Total Liabilities6,900Other Assets600Paid-In Capital5,900Retained Earnings22,800Total Equity28,700Total Assets35,600Total Liabilities & Equity35,600

Use T-accounts to record the transactions below, which occur on March 12, 2020, close the T-accounts, and construct a balance sheet to answer the question.

1. Sell product for $30,000 in cash with historical cost of $24,000

2. Sell, deliver, and receive payment of $25,000 for service

3. Consume good or service and pay expense of $1,000

What is the final amount in Total Assets?

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).