Valley Technology Balance Sheet As of January 3, 2018 (amounts in thousands) Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets 9,700 Accounts Payable 4,500 Debt 3,800 Other Liabilities 16,400 Total Liabilities 1,700 Paid-In Capital 1,500 2,900 800 5,200 7,300 23,600 30,900 36,100 Retained Earnings Total Equity Total Assets 36,100 Total Liabilities & Equity Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts and construct a final balance sheet to answer the question. Journal amounts in thousands