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. Sell product for $30,000 in cash with historical cost of $24,000 2. Sell, deliver, and receive payment of $40,000 for service 3. Consume good or service and pay expense of $2,000 What is the final amount in Total Assets? 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). 1,900 Siam Traders Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 9,100 Accounts Payable Accounts 4,400 Debt Receivable Inventory 4,800 Other Liabilities Property 15,600 Total Plant & Liabilities Equipment 2,400 600 4,900 Other Assets 6,900 2,600 Paid-In Capital 24,700 Retained Earnings Total Equity 31,600 Total Assets 36,500 Total 36,500 Liabilities & Equity