Torche Corporation Balance Sheet As of January 24, 2018 amounts in thousands) Cash Accounts Receivable Inventory 14,700 Accounts Payable 2,400 3,700 5,000 11,100 6,000 22,900 28,900 40,000 4,800 Debt 3,800 Other Liabilities 15,800 Total Liabilities 900 Paid-In Capital Property Plant & Equipment Other Assets Retained Earnings Total Equity Total Assets 40,000 Total Liabilities & Equity Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts for the T- accounts, and construct a balance sheet to answer the question. Jan 25. Receive payment of $12,000 owed by a customer Jan 26. Buy $15,000 worth of manufacturing supplies on credit Jan 27. Purchase equipment for $44,000 in cash What is the final amount in Total Liabilities & Equity