S11-11 (book/static) Question Help Inland Medical Supply, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Use the information in Inland Medical Supply, Inc.'s financial statements to compute the amount of fixed assets acquired by Inland Medical Supply, Inc., assuming Inland sold no fixed assets in 2018. Select the formula needed to determine this amount and then enter the amount of the acquisition. (Abbreviations used: BV = book value; FA = fixed assets.) Data Table Beginning FA, net +BV of assets sold - Depreciation - Ending FA, net Acquisition = Beginning FA, net + BV of assets sold + Depreciation - Ending FA, net Beginning FA, net +BV of assets sold - Depreciation - Ending FA, net Beginning FA, net - BV of assets sold - Depreciation - Ending FA, net Ending FA, net + BV of assets sold + Depreciation - Beginning FA, net Ending FA, net + BV of assets sold - Depreciation - Beginning FA, net Ending FA, net - BV of assets sold - Depreciation - Beginning FA, net Inland Medical Supply, Inc. Income Statement Year Ended December 31, 2018 Revenue $ 684,000 Data Table - X Sales revenue Expenses Cost of goods sold Depreciation expense S 334,000 61,000 192,000 Other expenses Inland Medical Supply, Inc. Comparative Balance sheet December 31, 2018 and 2017 2018 2017 Liabilities Total expenses 587,000 $ 97,000 Net income Assets 2018 2017 Current Current Cash Print Done $ 55,000$ 32,000 21,000 11,000 Accounts receivable 9,000 4,000 62,000 75,000 Inventory Prepaid expenses Long-term investments Fixed assets, net $ 25,000 $ 10,000 Accounts payable 63,000 43,000 Salaries payable 77,000 84,000 Accrued liabilities 10,000 4,000 Long-term notes payable 72,000 91,000 Stockholders' Equity 226,000 180.000 Common stock Retained earnings Total Liabilities and $ 473,000 $ 412,000 Stockholders' Equity 41.000 30.000 290,000 255,000 Choose from any list or enter any number in $ 473,000 $ 412,000 All parts showing Total Assets Check