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Jse the starting balance sheet, income statement, and the list of changes to answer the...

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Accounting

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Jse the starting balance sheet, income statement, and the list of changes to answer the question Hopewell Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) 29,000 Liabilities 37,000 Equity Cash Other Assets Total Assets 24,000 42,000 66,000 66,000 Total Liabilities & Equity Hopewell Corporation Income Statement January 1 to March 31, 2018 (amounts in thousands) 7,500 2,200 5,300 Revenue Expenses Net Income Between January 1 and March 31, 2018: 1. Cash decreases by $300,000 2. Liabilities increase by $400,000 3. Paid-In Capital does not change 4. Dividends paid of $500,000 What is the value for Other Assets on March 31, 2018

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