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Stuart Company Balance Sheet As of March 11, 2023 (amounts in thousands) Cash 8,400 Accounts Payable 2,800 Accounts Receivable 4,700 Debt 3,400 Inventory 4,200

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Stuart Company Balance Sheet As of March 11, 2023 (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 Use T-accounts to record the transactions below, which occur on March 12, 2023, close the T-accounts, and construct a balance sheet to answer the question. 1. Consume good or service and pay expense of $2,000 2. Sell product for $40,000 in cash with historical cost of $32,000 3. Sell, deliver, and receive payment of $25,000 for service What is the final amount in Total Liabilities & Equity?

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