Update the balance sheet above to reflect the transactions below, which occur on January...

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Accounting

Update the balance sheet above to reflect the transactions below, which occur on
January 6,2023
Purchase equipment for $50,000 in cash
Borrow $67,000 from a bank
What is the final amount in Cash?
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).
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