Dallas Computer Sales, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheets.) Read the requirement. a. Calculate the new borrowing or payment of long-term notes payable. Dallas Computer Sales had only one long-term note payable transaction during the year. The of long-term notes payable is $ thousand. X 0 Requirement X 0 Reference Reference X a Dallas Computer Sales, Inc. Comparative Balance Sheets December 31, 2018 and 2017 Calculate the following; enter all amounts in thousands. New borrowing or payment of long-term notes payable. Dallas Computer Sales had only one long-term note payable transaction during the year. b. Issuance of common stock or retirement of common stock. Dallas Computer Sales had only one common stock transaction during the year. c. Payment of cash dividends (same as dividends declared). 2018 2018 2017 720 Dallas Computer Sales, Inc. Income Statement Year Ended December 31, 2018 (In thousands) $ Service revenue Cost of goods sold Salary expense Depreciation expense Other expenses Total expenses $ Net income (In thousands) Assets Current: : Cash 350 $ 19 $ $ 50 $ 45 40 2017 Liabilities Current: 18 Accounts payable 41 Salary payable 89 Accrued liabilities 3 Long-term note payable Print Done Accounts receivable 55 27 23 90 Inventory 77 14 17 100 4. 63 52 580 Prepaid expenses Plant assets, net Long-term investments 228 186 140 54 74 Stockholders' Equity Common stock 44 34 240 Print Done 239 Retained earnings 411 Total 437 $ $ Total 411 437 $ Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 2 Clear All remaining