Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question Torche Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash Other Assets Total Assets 3,300 2,100 5,400 3,000 Liabilities 2,400 Equity 5,400 Total Liabilities& Equity Between January 1 and March 31, 2018: 1. Cash increases by $100,000 2. Other Assets decrease by $200,000 . Liabilities increase by $300,000 What is the value for Equity on March 31, 2018 Please specify your answer in the same units as the balance sheet