Rouse Exercise Equipment, Inc. reported the following financial statements for 2018: (Click the icon to view the income statement.) B (Click the icon to view the comparative balance sheet.) Read the requirements. Requirement 1. Compute the amount of Rouse Exercise's acquisition of plant assets. Rouse Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $47,900. No cash was received upon disposal. amounts to $ The acquisitions of plant assets amounts to $ Rouse Exercise Equipment, Inc. Income Statement Year Ended December 31, 2018 $ 713,000 342,000 371,000 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Depreciation Expense Other Operating Expenses Total Operating Expenses $ 54,000 210,000 264,000 $ 107,000 Net Income 2018 2017 Assets Current Assets: Cash Accounts Receivable 17,000 $ 57,000 79,000 16,000 46,000 90,000 Merchandise Inventory Long-term Assets: Plant Assets Accumulated DepreciationPlant Assets 260,500 (38,500) 96,000 471,000 $ 216,400 (32,400) 73,000 Investments $ 409,000 Total Assets Liabilities Current Liabilities: Accounts Payable Salaries Payable $ 72,000 $ 3,000 71,000 5,000 Long-term Liabilities: 61,000 69,000 Notes Payable Total Liabilities 136,000 145,000 Stockholders' Equity Common Stock, no par 45,000 290,000 Retained Earnings 34,000 230,000 264,000 409,000 Total Stockholders' Equity 335,000 471,000 $ $ Total Liabilities and Stockholders' Equity