Siam Traders Balance Sheet As of January 3, 2020 (amounts in thousands)
Cash	9,100	Accounts Payable	1,900
Accounts Receivable	4,400	Debt	2,400
Inventory	4,800	Other Liabilities	600
Property Plant & Equipment	15,600	Total Liabilities	4,900
Other Assets	2,600	Paid-In Capital	6,900
		Retained Earnings	24,700
		Total Equity	31,600
Total Assets	36,500	Total Liabilities & Equity	36,500

Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts, and construct a final balance sheet to answer the question.

Journal amounts in thousands

Date	Account and Explanation	Debit	Credit
Jan 4	Property, Plant & Equipment	43
	Cash		43
	Paid cash for machine
Jan 5	Cash	11
	Accounts Receivable		11
	Received customer payment
Jan 6	Cash	14
	Inventory		11
	Retained Earnings		3
	Sold and delivered product to customer
Jan 7	Cash	70
	Paid-In Capital		70
	Issued stock
Jan 8	Accounts Payable	8
	Cash		8
	Paid money owed to supplier
Jan 9	Cash	55
	Debt		55
	Borrowed money from bank
Jan 10	Inventory	17
	Accounts Payable		17
	Bought manufacturing supplies on credit

What is the final amount in Total Equity?

Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet).