Stuart Company

Balance Sheet

As of March $11,2024$

$($amounts in thousands$)$

Cash $11,500$ Accounts Payable $1,500$

Accounts Receivable $3,200$ Debt $3,000$

Inventory $2,100$ Other Liabilities $1,600$

Property Plant & Equipment $16,800$ Total Liabilities $6,100$

Other Assets $1,300$ Paid$-$In Capital $7,000$

Retained Earnings $21,800$

Total Equity $28,800$

Total Assets $34,900$ Total Liabilities & Equity $34,900$

Use T$-$accounts to record the transactions below, which occur on March $12,2024,$ close the T$-$accounts, and construct a balance sheet to answer the question.

$1.$ Sell, deliver, and receive payment of $$20,000$ for service

$2.$ Sell product for $$25,000$ in cash with historical cost of $$20,000$

$3.$ 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$).$