Motorsports of Miami, Inc., reported the following financial statements for 2021: (Click the icon to view the income statement.) Read the requirement. (Click the icon to view the comparative balance sheets.) a. Calculate the new borrowing or payment of long-term notes payable. Motorsports of Miami 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. Motorsports of Miami had only one common stock transaction during the year. The of common stock, in thousands, is c. Calculate the payment of cash dividends (same as dividends declared). The payment of dividends, in thousands, is Data table Data table Motorsports of Miami, Inc. Income Statement Year Ended December 31, 2021 (In thousands) Service revenue Cost of goods sold Salary expense Depreciation expense Other expenses Total expenses Net income Motorsports of Miami, Inc. Comparative Balance Sheets December 31, 2021 and 2020 (In thousands) Assets 2021 2020 Liabilities 2021 2020 Current: Current: Cash $ 21 $ 18 Accounts payable $ 47 S 44 Accounts receivable 60 43 Salary payable 31 27 $ 780 310 Inventory 70 83 Accrued liabilities 10 13 Prepaid expenses 3 2 Long-term note payable 65 55 Plant assets, net 227 186 60 Long-term investments 55 55 74 Stockholders' Equity Common stock 41 35 140 242 232 Retained earnings 565 $ 436 $ 406 $ 436 $ 406 Total Total $ 215