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Valley Technology Balance Sheet As of December 31, 2020 (amounts in thousands) Cash 22,000 Liabilities 36,000 Other Assets 28,000 Equity 14,000 Total Assets 50,000 Total

Valley Technology Balance Sheet As of December 31, 2020 (amounts in thousands)
Cash 22,000 Liabilities 36,000
Other Assets 28,000 Equity 14,000
Total Assets 50,000 Total Liabilities & Equity 50,000
Valley Technology Income Statement January 1 to March 31, 2021 (amounts in thousands)
Revenue 7,200
Expenses 3,600
Net Income 3,600

Between January 1 and March 31, 2021:

1. Cash decreases by $200,000 2. Liabilities decrease by $100,000 3. Paid-In Capital does not change 4. Dividends paid of $400,000

What is the value for Other Assets on March 31, 2021?

Note: Account change amounts are provided in dollars but the financial statement units are thousands of dollars.

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

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