Press Exercise Equipment, Inc. reported the following financial statements for 2018:

Complete the following requirements-

a: Compute the amount of Press Exercise's acquisition of plant assets. Press Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $42,300. No cash was received upon disposal. What does the acquisitions of plant assets amount to?

b: Compute new borrowing or payment of long-term notes payable, with Press Exercise having only one long-term notes payable transaction during the year.

c: Compute the issuanace of common stock with Press Exercise having only one common stock transaction during the year.

d: Compute the payment of cash dividends.

Data Table Press Exercise Equipment, Inc Income Statement Year Ended December 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses S 717,000 340,000 377,000 Depreciation Expense Other Operating Expenses Total Operating Expenses S 52,000 185,000 237,000 S 140,000 Net Income