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Use the starting balance sheet and statement of cash flows to answer the question. 12,000 36,000 Cash Accounts Receivable Inventory Property Plant & Equipment, Gross
Use the starting balance sheet and statement of cash flows to answer the question. 12,000 36,000 Cash Accounts Receivable Inventory Property Plant & Equipment, Gross Accumulated Depreciation Property Plant & Equipment, Net Other Assets Total Assets Ruston Company Balance Sheet As of December 31, 2019 (amounts in thousands) 90,000 Accounts Payable 34,000 Debt 51,000 Other Liabilities 230,000 Total Liabilities 55,000 Paid-In Capital 175,000 Retained Earnings 6,000 Total Equity 356,000 Total Liabilities & Equity 21,000 69,000 59,000 228,000 287,000 356,000 5,800 1,300 (600) 1,000 300 0 Ruston Company Statement of Cash Flows January 1 to March 31, 2020 (amounts in thousands) Net Income Depreciation Decrease (Increase) in Accounts Receivable Decrease (Increase) in Inventory Increase (Decrease) in Accounts Payable Other Adjustments Net Cash Flow from Operating Activities Purchase of Property, Plant, & Equipment Other Adjustments Net Cash Flow from Investing Activities Increase (Decrease) in Debt Dividends Other Adjustments Net Cash Flow from Financing Activities Net Cash Flow 7,800 (8,300) 0 (8,300) 700 (500) 0 200 (300) What is the value for Total Assets on March 31, 2020? Please specify your answer in the same units as the financial statements (i.e., enter the number from your updated balance sheet)
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