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Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Borrow $55,000 from a bank 2. Buy $14,000
Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Borrow $55,000 from a bank 2. Buy $14,000 worth of manufacturing supplies on credit 3. Pay $7,000 owed to a supplier 4. Receive payment of $12,000 owed by a customer What is the final amount in Cash? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars. Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet)
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