Use the starting balance sheet and statement of cash flows to answer the question. Torche Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash Accounts Receivable Inventory 147,000 Accounts Payable 48,000 Debt 38,000 Other Liabilities 24,000 37,000 50,000 111,000 Property Plant & Equipment, Gross Accumulated Depreciation 218,000 Total Liabilities 60,000 Paid-In Capital 60,000 Property Plant & Equipment, 158,000Retained Earnings 229,000 Net Other Assets Total Assets 9,000 Total Equity 289,000 400,000 Total Liabilities & Equity 400,000 Torche Corporation Statement of Cash Flows January 1 to March 31, 2018 (amounts in thousands) 8,500 2,000 (800) (300) (400) 0 9,000 (5,400) 0 (5,400) 100 (300) 0 (200) 3,400 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 What is the value for Total Liabilities & Equity on March 31, 2018? Please specify your answer in the same units as the financial statements