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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. Hopewell Corporation Balance Sheet

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

Hopewell Corporation Balance Sheet As of December 31, 2021 (amounts in thousands)
Cash 2,900 Liabilities 2,400
Other Assets 3,700 Equity 4,200
Total Assets 6,600 Total Liabilities & Equity 6,600

Between January 1 and March 31, 2022:

1. Cash decreases by $300,000 2. Liabilities increase by $400,000 3. Equity decreases by $200,000

What is the value for Other Assets on March 31, 2022?

Note: Account change amounts are provided in dollars but the balance sheet units are thousands of dollars.

Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet).

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