Question: please put answer in bold Update the balance sheet above to reflect the transactions below, which occur on January 6,2022 1. Borrow $52,000 from a
Update the balance sheet above to reflect the transactions below, which occur on January 6,2022 1. Borrow $52,000 from a bank 2. Purchase equipment for $48,000 in cash 3. Issue $85,000 in stock 4. Buy $15,000 worth of manufacturing supplies on credit 5. Receive payment of $10,000 owed by a customer 6. Pay $7,000 owed to a supplier 7. Receive payment of $11,000 owed by a customer What is the final amount in Cash? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars
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