Question $2$: Use T$-$accounts to record the transactions below, which occur on March $12,2024,$ close the T$-$accounts, and

construct a balance sheet to answer the question.

Consume good or service and pay expense of $$3,000$

Sell product for $$40,000$ in cash with historical cost of $$32,000$

Sell, deliver, and receive payment of $$25,000$ for service

What is the final amount in Total Liabilities & Equity?

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$).$