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Score: 0 of 3 pts 3 of 5 (0 complete) HW Score: 0%, 0 of 20 pts E14-23 (similar to) x 0 Data Table Ryle Exercise Equipment, Inc. reported the following financial statements for 2018: E: (Click the icon to view the income statement.) : (Click the icon to view the comparative balance sheet.) Read the requirements 2018 2017 Assets Requirement 1. Compute the amount of Ryle Exercise's acquisition of plant assets. Ryle Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $46,800. No ca Current Assets Cash $ 14.000 The acquisitions of plant assets amounts to $ 19,000 $ 51,000 49,000 88,000 89.000 Accounts Receivable Merchandise Inventory Long-term Assets: Plant Assets - X Data Table 264,300 Accumulated DepreciationPlant Assets Investments (35,300) 98,000 218,100 (35,100) 74.000 $ 408,000 Total Assets 486,000 $ Ryle Exercise Equipment, Inc. Income Statement Year Ended December 31, 2018 Liabilities Net Sales Revenue $ 712,000 348.000 $ 73,000 80,000 $ 2,500 6,500 364,000 Current Liabilities: Accounts Payable Salaries Payable Long-term Liabilities: Notes Payable Total Liabilities 57,000 Cost of Goods Sold Gross Profit Operating Expenses: Depreciation Expense Other Operating Expenses Total Operating Expenses Net Income 67,000 $ 47,000 195,000 139,500 146,500 Stockholders' Equity 242.000 Common Stock, no par 48,000 298,500 122,000 37,000 224,500 $ Retained Earnings Total Stockholders' Equity 346,500 261,500 Print Done $ 486,000 $ 408,000 Total Liabilities and Stockholders' Equity Print Done Enter any number in the edit fields and then click Check