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Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question. Nippon Technology Balance Sheet

Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question.

Nippon Technology Balance Sheet As of December 31, 2019 (amounts in thousands)
Cash 3,700 Liabilities 2,400
Other Assets 3,900 Equity 5,200
Total Assets 7,600 Total Liabilities & Equity 7,600

Between January 1 and March 31, 2020:

1. Cash increases by $500,000 2. Other Assets increase by $300,000 3. Liabilities decrease by $200,000

What is the value for Equity on March 31, 2020?

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