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What is the value for cash on march 3 1 2 0 2 4 using the given data Use the starting balance sheet, income statement,
What is the value for cash on march using the given data
Use the starting balance sheet, income statement, and the list of changes to answer the question. Cash Other Assets Total Assets Ruston Company Balance Sheet As of December 31, 2023 (amounts in thousands) 21,000 Liabilities 31,000 Equity 52,000 Total Liabilities & Equity Ruston Company Income Statement 25,000 27,000 52,000 January 1 to March 31, 2024 (amounts in thousands) Revenue Expenses Net Income Between January 1 and March 31, 2024: 1. Other Assets decrease by $200,000 2. Liabilities increase by $300,000 3. Paid-In Capital does not change 4. Dividends paid of $100,000 What is the value for Cash on March 31, 2024? 3,100 4,400 -1,300 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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