Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts, and construct a final balance sheet to answer the question. Journal amounts in thousands Date Account and Explanation Debit Credit Jan 4 Cash 80 Paid-In Capital 80 Issued stock Jan 5 Cash 65 Debt 65 Borrowed money from bank Jan 6 Cash 12 Accounts Receivable 12 Received customer payment Jan 7 Cash 6 Inventory 5 Retained Earnings 1 Sold and delivered product to customer Jan 8 Inventory 17 Accounts Payable 17 Bought manufacturing supplies on credit Jan 9 Property, Plant & Equipment 47 Cash 47 Paid cash for machine Jan 10 Accounts Payable 8 Cash 8 Paid money owed to supplier What is the final amount in Total Assets?