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Use the starting balance sheet, income statement, and the list of changes to answer the question. Answer Balance Sheet As of December 31, 2017 (amounts
Use the starting balance sheet, income statement, and the list of changes to answer the question. Answer Balance Sheet As of December 31, 2017 (amounts in thousands) Save your answer Cash Other Assets Total Assets 29,000 Liabilities 24,000 42,000 66,000 37,000 Equity 66,000 Total Liabilities & Equity Hopewell Corporation Income Statement January 1 to March 31, 2018 (amounts in thousands) Revenue Expenses Net Income 7,500 2,200 5,300 Between January 1 and March 31, 2018 1. Cash decreases by $300,000 2. Liabilities increase by $400,000 3. Paid-In Capital does not change 4. Dividends paid of $500,000 What is the value for Other Assets on March 31, 2018
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