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Valley Technology Balance Sheet As of March 11, 2023 (amounts in thousands)Cash9,700Accounts Payable1,500Accounts Receivable4,500Debt2,900Inventory3,800Other Liabilities800Property...

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Accounting

Valley Technology Balance Sheet As of March 11, 2023 (amounts in thousands)Cash9,700Accounts Payable1,500Accounts Receivable4,500Debt2,900Inventory3,800Other Liabilities800Property Plant & Equipment16,400Total Liabilities5,200Other Assets1,700Paid-In Capital7,300 Retained Earnings23,600 Total Equity30,900Total Assets36,100Total Liabilities & Equity36,100

Use T-accounts to record the transactions below, which occur on March 12, 2023, close the T-accounts, and construct a balance sheet to answer the question.

1. Buy $15,000 worth of manufacturing supplies on credit 2. Issue $85,000 in stock 3. Borrow $63,000 from a bank

What is the final amount in Total Liabilities?

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