Hopewell Corporation Balance Sheet

Use the starting balance sheet, income statement, and the list of changes to answer the question.

Hopewell CorporationBalance SheetAs of December 31, 2022(amounts in thousands)

66,000

Cash	29,000	Liabilities	24,000
Other Assets	37,000	Equity	42,000
Total Assets		66,000	Total Liabilities & Equity

Hopewell CorporationIncome StatementJanuary 1 to March 31, 2023(amounts in thousands)

Revenue	7,500
Expenses	2,200
Net Income	5,300

Between January 1 and March 31, 2023:

1. Cash decreases by $300,0002. Liabilities increase by $400,0003. Paid-In Capital does not change4. Dividends paid of $500,000

What is the value for Other Assets on March 31, 2023?

Note: Account change amounts are provided in dollars but the financial statement units are thousands of dollars.

Please specify your answer in the same units as the financial statements (i.e., enter the number from your updated balance sheet).