Masterson Exercise Equipment, Inc. reported the following financial statements for 2024: (Click the icon to view the inpome statement.) (Click the icon to view the comparative balance sheet.) Read the Requirement 1. Compute the amount of Masterson Exercise's acquisition of plant assets, Masterson Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $43,500. No cash was received upon disposal. The acquisitions of plant assets amounts to Data table Masterson Exercise Equipment, Inc, reported the following financial statements for 2024: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet.) Read the requirements. Requirement 1. Compute the amount of Masterson Exercise's acquisition of plant assets. Masterson Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $43,500. No cash was received upon disposal. The acquisitions of plant assets amounts to Requirements 1. Compute the amount of Masterson Exercise's acquisition of plant assets. Assume the acquisition was for cash. Masterson Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $43,500. No cash was received upon disposal. 2. Compute new borrowing or payment of long-term notes payable, with Masterson Exercise having only one long-term notes payable transaction during the year. 3. Compute the issuance of common stock with Masterson Exercise having only one common stock transaction during the year. 4. Compute the payment of cash dividends. Data table