Question

Ruston Company Balance Sheet As of January 24, 2018 (amounts in thousands) Cash 9,000 Accounts Payable...

Ruston Company
Balance Sheet
As of January 24, 2018
(amounts in thousands)
Cash 9,000 Accounts Payable 1,200
Accounts Receivable 3,400 Debt 3,600
Inventory 5,100 Other Liabilities 2,100
Property Plant & Equipment 17,500 Total Liabilities 6,900
Other Assets 600 Paid-In Capital 5,900
Retained Earnings 22,800
Total Equity 28,700
Total Assets 35,600 Total Liabilities & Equity 35,600

Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts for the T-accounts, and construct a balance sheet to answer the question.

Jan 25. Sell product for $30,000 in cash with historical cost of $24,000
Jan 26. Sell, deliver, and receive payment of $25,000 for service
Jan 27. Consume good or service and pay expense of $1,000

What is the final amount in Total Assets?

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

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