2,800 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of Januar

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2 800 Cash Accounts Receivable Inventory Property Plant Equipment Other Assets Acme Company Balance Sheet As Of Januar 1 (24.16 KiB) Viewed 76 times

2,800 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Acme Company Balance Sheet As of January 5, 2022 (amounts in thousands) 8,400 Accounts Payable 4,700 Debt 4,200 Other Liabilities 17,200 Total Liabilities 2,800 Paid In Capital Retained Earnings Total Equity 37,300 Total Liabilities & Equity 3,400 900 7,100 6,700 23,500 30,200 37,300 Total Assets Update the balance sheet above to reflect the transactions below, which occur on January 6, 2022 1. Sell product for $25,000 with historical cost of $20,000 2. Sell product for $30,000 with historical cost of $24,000 3. Sell product for $20,000 with historical cost of $16,000 What is the final amount in Retained Earnings? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars. Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet).