Hopewell Corporation Balance Sheet

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

Hopewell Corporation
Balance Sheet
As of December 31, 2022
(amounts in thousands)Cash29,000Liabilities24,000Other Assets37,000Equity42,000Total Assets66,000Total Liabilities & Equity66,000Hopewell Corporation
Income Statement
January 1 to March 31, 2023
(amounts in thousands)Revenue7,500Expenses2,200Net Income5,300

Between January 1 and March 31, 2023:

1. Cash decreases by $300,000
2. Liabilities increase by $400,000
3. Paid-In Capital does not change
4. Dividends paid of $500,000

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