Use T-accounts to record the transactions below, which occur on March 12, 2020, close the T-accounts, and construct a balance sheet to answer the question. 1. Receive payment of $12,000 owed by a customer 2. Purchase equipment for $45,000 in cash 3. Issue $85,000 in stock What is the final amount in Total Liabilities & Equity? 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). Nippon Technology Balance Sheet As of March 11, 2020 (amounts in thousands) 13,700 Accounts Payable Cash 2,000 3,200 Debt 3,600 Accounts Receivable Inventory 900 5,100 Other Liabilities 15,400 Total Liabilities 6,500 Property Plant & Equipment Other Assets 7,200 800 Paid-In Capital 24,500 Retained Earnings Total Equity 31,700 Total Assets 38,200 Total 38,200 Liabilities & Equity