Use the starting balance sheet, income statement, and the list of changes to answer the question. Siam Traders Balance Sheet As of December 31, 2019 (amounts in thousands) Cash 38,000 Liabilities Other Assets 25,000 Equity Total Assets 63,000 Total Liabilities & Equity 21,000 42,000 63,000 Siam Traders Income Statement January 1 to March 31, 2020 (amounts in thousands) Revenue Expenses Net Income 6,700 4,200 2,500 Between January 1 and March 31, 2020: 1. Cash decreases by $200,000 2. Other Assets increase by $300,000 3. Paid In Capital does not change 4. Dividends paid of $300,000 What is the value for Liabilities on March 31, 2020