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Use the starting balance sheet and statement of cash flows to answer the question. Valley Technology Balance Sheet As of December 31, 2019 (amounts in

Use the starting balance sheet and statement of cash flows to answer the question.

Valley Technology Balance Sheet As of December 31, 2019 (amounts in thousands)
Cash 114,000 Accounts Payable 17,000
Accounts Receivable 32,000 Debt 22,000
Inventory 21,000 Other Liabilities 6,000
Property Plant & Equipment, Gross 233,000 Total Liabilities 45,000
Accumulated Depreciation 76,000 Paid-In Capital 62,000
Property Plant & Equipment, Net 157,000 Retained Earnings 247,000
Other Assets 30,000 Total Equity 309,000
Total Assets 354,000 Total Liabilities & Equity 354,000
Valley Technology Statement of Cash Flows January 1 to March 31, 2020 (amounts in thousands)
Net Income 10,000
Depreciation 1,400
Decrease (Increase) in Accounts Receivable 500
Decrease (Increase) in Inventory 900
Increase (Decrease) in Accounts Payable (200)
Other Adjustments 0
Net Cash Flow from Operating Activities 12,600
Purchase of Property, Plant, & Equipment (5,600)
Other Adjustments 0
Net Cash Flow from Investing Activities (5,600)
Increase (Decrease) in Debt (400)
Dividends (600)
Other Adjustments 0
Net Cash Flow from Financing Activities (1,000)
Net Cash Flow 6,000

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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