Rite Way Exercise Equipment, Inc. reported the following financial statements for 2018: (Click the icon to view the income statement.) Read the requirements. (Click the icon to view the comparative balance sheet.) Requirement 1. Compute the amount of Rite Way Exercise's acquisition of plant assets. Rite Way Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $42,100. No cash was received upon disposal. The acquisitions of plant assets amounts to $ 85,000 Requirement 2. Compute new borrowing or payment of long-term notes payable, with Rite Way Exercise having only one long-term notes payable transaction during the year. Net borrowing or payment? Amount of net borrowing/payment Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts remaining Clear All Check Answer