Acme Company Balance Sheet As of January 5, 2019 (amounts in
thousands) Cash 9,100 Accounts Payable 1,900 Accounts Receivable
4,400 Debt 2,400 Inventory 4,800 Other Liabilities 600 Property
Plant & Equipment 15,600 Total Liabilities 4,900 Other Assets
2,600 Paid-In Capital 6,900 Retained Earnings 24,700 Total Equity
31,600 Total Assets 36,500 Total Liabilities & Equity 36,500
Update the balance sheet above to reflect the transactions below,
which occur on January 6, 2019 1. Purchase equipment for $43,000 in
cash 2. Receive payment of $11,000 owed by a customer 3. Buy
$14,000 worth of manufacturing supplies on credit 4. Issue $70,000
in stock What is the final amount in Inventory? Please specify your
answer in the same units as the balance sheet.
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