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Torche Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash Other Assets Total Assets 30,000 Liabilities 24,000 Equity 54,000 Total Liabilities &

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Torche Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash Other Assets Total Assets 30,000 Liabilities 24,000 Equity 54,000 Total Liabilities & Equity 33,000 21,000 54,000 Torche Corporation Income Statement January 1 to March 31, 2018 amounts in thousands) Revenue Expenses Net Income 4,900 3,600 1,300 etween January 1 and March 31, 2018: Cash increases by $100,000 Liabilities increase by $300,000 . Paid-In Capital does not change . Dividends paid of $300,000 Vhat is the value for Other Assets on March 31, 2018? lease specify your answer in the same units as the financial statements

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