Business, 03.09.2020 02:01 nicholasryanencarnac

Use the starting balance sheet and statement of cash flows to answer the question. Hopewell Corporation Balance Sheet As of December 31, 2019 (amounts in thousands) Cash 125,000 Accounts Payable 24,000 Accounts Receivable 36,000 Debt 37,000 Inventory 52,000 Other Liabilities 30,000 Property Plant & Equipment, Gross 226,000 Total Liabilities 91,000 Accumulated Depreciation 59,000 Paid-In Capital 56,000 Property Plant & Equipment, Net 167,000 Retained Earnings 239,000 Other Assets 6,000 Total Equity 295,000 Total Assets 386,000 Total Liabilities & Equity 386,000 Hopewell Corporation Statement of Cash Flows January 1 to March 31, 2020 (amounts in thousands) Net Income 8,600 Depreciation 1,400 Decrease (Increase) in Accounts Receivable 400 Decrease (Increase) in Inventory (600) Increase (Decrease) in Accounts Payable (100) Other Adjustments 0 Net Cash Flow from Operating Activities 9,700 Purchase of Property, Plant, & Equipment (7,800) Other Adjustments 0 Net Cash Flow from Investing Activities (7,800) Increase (Decrease) in Debt 200 Dividends (700) Other Adjustments 0 Net Cash Flow from Financing Activities (500) Net Cash Flow 1,400 What is the value for Total Assets on March 31, 2020?

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Use the starting balance sheet and statement of cash flows to answer the question. Hopewell Corporat...

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