Use the starting balance sheet, income statement, and the list of changes to answer the question. Torche Corporation
Balance Sheet
As of December 31, 2017 (amounts in thousands)
Cash 30000 Liabilities 33,000
Other Assets 24000 Equity 21,000
Total Assets 54,000 Total Liabilities & Equity 54000
Torche Corporation
Income Statement
January 1 to March 31, 2018
(amounts in thousands)
Revenue 4,900
Expenses 3600
Net Income 1300
Between January 1 and March 31, 2018:
1. Cash increases by $100,000
2. Liabilities increase by $300,000
3. Paid-In Capital does not change
4. Dividends paid of $300,000
What is the value for Other Assets on March 31, 2018

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Problem 8-6 cullumber company is a multi product firm. presented below is information concerning one of its products, the hawkeye. date transaction quantity price/cost 1/1 beginning inventory 2,700 $17 2/4 purchase 3,700 26 2/20 sale 4,200 43 4/2 purchase 4,700 33 11/4 sale 3,900 47 calculate average-cost per unit. (round answer to 4 decimal places, e.g. 2.7613.) average-cost per unit $ link to text compute cost of goods sold, assuming cullumber uses: (round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.) cost of goods sold (a) periodic system, fifo cost flow $ (b) perpetual system, fifo cost flow $ (c) periodic system, lifo cost flow $ (d) perpetual system, lifo cost flow $ (e) periodic system, weighted-average cost flow $ (f) perpetual system, moving-average cost flow $ click if you would like to show work for this question: open show work