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Use the starting balance sheet, income statement, and the list of changes to answer the question. Torche Corporation Balance Sheet As of December 31, 2018

Use the starting balance sheet, income statement, and the list of changes to answer the question.

Torche Corporation Balance Sheet As of December 31, 2018 (amounts in thousands)
Cash 30,000 Liabilities 33,000
Other Assets 24,000 Equity 21,000
Total Assets 54,000 Total Liabilities & Equity 54,000
Torche Corporation Income Statement January 1 to March 31, 2019 (amounts in thousands)
Revenue 4,900
Expenses 3,600
Net Income 1,300

Between January 1 and March 31, 2019:

1. Cash increases by $100,000 2. Liabilities increase by $300,000 3. Paid-In Capital does not change 4. Dividends paid of $300,000

What is the value for Other Assets on March 31, 2019?

Please specify your answer in the same units as the financial statements.

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