1: Data Table 2: Data Table Motors of Baltimore, Inc. Income Statement Year Ended December 31, 2018 (in thousands) $ 720 Service revenue Cost of goods sold 310 Salary expense 70 Depreciation expense 80 190 Other expenses 650 Total expenses $ 70 Net income Motors of Baltimore, Inc. Comparative Balance Sheets December 31, 2018 and 2017 (In thousands) Assets 2018 2017 Liabilities 2018 2017 Current: Current: Cash 19 $ 16 Accounts payable $ 51 $ Accounts receivable 55 43 Salary payable 30 Inventory 70 85 Accrued liabilities 17 Prepaid expenses 6 5 Long-term note payable 63 52 4222 44 26 20 Plant assets, net 228 185 Long-term investments 59 71 Stockholders' Equity Common stock 44 34 Retained earnings 232 229 437 $ 405 437 $ 405 Total Total 1. Motors of Baltimore, Inc., reported the following financial statements for 2018: 1(Click the icon to view the income statement.) 2(Click the icon to view the comparative balance sheets.) Calculate the following investing cash flows; enter all amounts in thousands. a. Acquisitions of plant assets (all were for cash). Motors of Baltimore sold no plant assets during the year. b. Proceeds from the sale of investments. Motors of Baltimore purchased no investments during the year. a. Compute the acquisitions of plant assets (all were for cash). Motors of Baltimore sold no plant assets during the year. The acquisition of plant assets is $ thousand. b. Compute the proceeds from the sale of investments. Motors of Baltimore purchased no investments during the year. The proceeds from the sale of investments are $ thousand