The bookkeeper for Blossom Ltd. has prepared the following statement of financial position as of July 31, 2022 (amounts in thousands). BLOSSOM LTD Statement of Financial Position As of July 31, 2022 Equipment (net) 92,400 Equity 171,050 Patents 23,100 Non-current liabilities 82,500 Inventory 66,000 Notes and accounts payable 48,400 Accounts receivable (net) 44,550 301,950 Cash 75,900 301,950 The following additional information is provided. 1. 2. 3. Cash includes 1,320 in a petty cash fund and 13,200 in a bond sinking fund. The net accounts receivable balance is comprised of the following three items: (a) accounts receivable-debit balances 57,200, (b) accounts receivable-credit balances 8,800, and (c) allowance for doubtful accounts 3,850. Inventory costing 5,830 was shipped out on consignment on July 31, 2022. The ending inventory balance does not include