Use the starting balance sheet and statement of cash flows to answer the question. Gulf Shipping Company Balance Sheet As of December 31, 2019 (amounts in thousands) Cash 143,000 Accounts Payable 19,000 Accounts Receivable 41,000 Debt 32,000 Inventory 58,000 Other Liabilities 40,000 Property Plant & Equipment, Gross 210,000 Total Liabilities 91,000 Accumulated Depreciation 62,000 Paid-In Capital 77,000 Property Plant & Equipment, Net 148,000 Retained Earnings 229,000 Other Assets 7,000 Total Equity 306,000 Total Assets 397,000 Total Liabilities & Equity 397,000 Gulf Shipping Company Statement of Cash Flows January 1 to March 31, 2020 (amounts in thousands) Net Income 6,800 Depreciation 1,300 Decrease (Increase) in Accounts Receivable 200 Decrease (Increase) in Inventory (700) Increase (Decrease) in Accounts Payable 500 Other Adjustments 0 Net Cash Flow from Operating Activities 8,100 Purchase of Property, Plant, & Equipment (8,500) Other Adjustments 0 Net Cash Flow from Investing Activities (8,500) Increase (Decrease) in Debt 900 Dividends (600) Other Adjustments 0 Net Cash Flow from Financing Activities 300 Net Cash Flow (100) What is the value for Total Liabilities & Equity on March 31, 2020?