Preston Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) Read the requirements (Click the icon to view the balance sheet.) Requirement 1. Compute the acquisition of plant assets for Preston Media Corporation during 2024. The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets. The acquisition of equipment is Requirements 1. Compute the acquisition of plant assets for Preston Media Corporation during 2024 The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets. 2. Compute the payment of a long-term note payable. During the year, the business issued a $4,400 note payable Print Done