DE17-16 Return to the Anchor Corporation income statement (Exhibit 17-6, page 665) and comparative balance sheet (Exhibit 17-7, page 666). Assume that Anchor sold no plant assets during 20X2. 1. Compute the cost of Anchor's plant asset acquisition during the year. 2. Anchor financed the plant asset by signing a long-term note payable for $83.000 and paying the remainder in cash. Journalize this transaction. 3. Show how to report Anchor's acquisition of the plant assets on the statement of cash flows and the accompanying schedule of noncash investing and financing activities.