Acme CompanyBalance SheetAs of January 5, 2024(amounts in thousands)Cash9,900Accounts Payable2,700Accounts Receivable4,500Debt3,500Inventory3,800Other Liabilities1,000Property Plant & Equipment16,800Total Liabilities7,200Other Assets1,600Paid-In Capital8,000Retained Earnings21,400Total Equity29,400Total Assets36,600Total Liabilities & Equity36,600Update the balance sheet above to reflect the transactions below, which occur on January 6, 20241. Sell product for $35,000 with historical cost of $28,0002. Sell product for $20,000 with historical cost of $16,0003. Sell product for $25,000 with historical cost of $20,000What is the final amount in Retained Earnings?