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Stuart Company Balance Sheet As of January 3, 2019 (amounts in thousands) Cash 8,400 Accounts Payable 2,800 Accounts Receivable 4,700 Debt 3,400 Inventory 4,200 Other

Stuart Company Balance Sheet As of January 3, 2019 (amounts in thousands)
Cash 8,400 Accounts Payable 2,800
Accounts Receivable 4,700 Debt 3,400
Inventory 4,200 Other Liabilities 900
Property Plant & Equipment 17,200 Total Liabilities 7,100
Other Assets 2,800 Paid-In Capital 6,700
Retained Earnings 23,500
Total Equity 30,200
Total Assets 37,300 Total Liabilities & Equity 37,300

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 Cash 52
Debt 52
Borrowed money from bank
Jan 5 Property, Plant & Equipment 48
Cash 48
Paid cash for machine
Jan 6 Cash 85
Paid-In Capital 85
Issued stock
Jan 7 Inventory 15
Accounts Payable 15
Bought manufacturing supplies on credit
Jan 8 Cash 10
Inventory 8
Retained Earnings 2
Sold and delivered product to customer
Jan 9 Accounts Payable 7
Cash 7
Paid money owed to supplier
Jan 10 Cash 11
Accounts Receivable 11
Received customer payment

What is the final amount in Total Assets?

Please specify your answer in the same units as the balance sheet.

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