Torche Corporation Balance Sheet As of March 11, 2018 (amounts in thousands) Cash 14,700 Accounts Payable 2,400 3,700 5,000 11,100 6,000 22,900 28,900 40,000 Accounts Receivable 4,800 Debt Inventory Property Plant & Equipment Other Assets 3,800 Other Liabilities 15,800 Total Liabilities 900 Paid-In Capital Retained Earnings Total Equity Total Assets 40,000 Total Liabilities & Equity Use T-accounts to record the transactions below, which occur on March 12, 2018, close the T-accounts, and construct a balance sheet to answer the question 1. Receive payment of $12,000 owed by a customer 2. Buy $15,000 worth of manufacturing supplies on credit 3. Purchase equipment for $44,000 in cash What is the final amount in Total Liabilities & Equity? Please specify your answer in the same units as the balance sheet