Valley Technology Balance Sheet As of January 3, 2018 (amounts in thousands)
Cash	9,700	Accounts Payable	1,500
Accounts Receivable	4,500	Debt	2,900
Inventory	3,800	Other Liabilities	800
Property Plant & Equipment	16,400	Total Liabilities	5,200
Other Assets	1,700	Paid-In Capital	7,300
		Retained Earnings	23,600
		Total Equity	30,900
Total Assets	36,100	Total Liabilities & Equity	36,100

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

Date	Account and Explanation	Debit	Credit
Jan 4	Inventory	15
	Accounts Payable		15
	Bought manufacturing supplies on credit
Jan 5	Cash	85
	Paid-In Capital		85
	Issued stock
Jan 6	Cash	63
	Debt		63
	Borrowed money from bank
Jan 7	Cash	5
	Inventory		4
	Retained Earnings		1
	Sold and delivered product to customer
Jan 8	Cash	12
	Accounts Receivable		12
	Received customer payment
Jan 9	Property, Plant & Equipment	44
	Cash		44
	Paid cash for machine
Jan 10	Accounts Payable	7
	Cash		7
	Paid money owed to supplier

What is the final amount in Total Liabilities?

Please specify your answer in the same units as the balance sheet.