4. Motorsports of Philadelphia, Inc., reported the following financial statements for 2021: (Click the ioon to view the income statement.) 2 (Click the icon to view the comparative balance sheets.) Read the reguirement 3. a. Caloulate the new borrowing or payment of long-term notes payable. Motorsports of Philadelphia had only one long-term note payable transaction during the year. The of long-term notes payable, in thousands, is b. Calculate the issuance of common stock or retirement of common stock. Moborsports of Philadelphia had only one common stock transaction during the year. The of common stock, in thousands, is c. Caloulate the payment of cash dividends (same as dividends declared). The payment of dividends, in thousands, is Motorsports of Philadelphia, Inc. Comparative Balance Sheets December 31,2021 and 2020 3: Requirement Calculate the following; enter all amounts in thousands. a. New borrowing or payment of long-term notes payable. Mosorsports of Philadelphia had only one long-term note payable transaction during the year. b. Issuance of common stock or retirement of common stock. Motorsports of Philadelphia had only one common stock transaction during the year. c. Payment of cash dividends (same as dividends declared)