Trainer Exercise Equipment, Inc. reported the following financial statements for 2024:

M (Click the icon to view the income statement.) IF (Click the icon to view the comparative balance sheet)

Read the requirements

Trainer Exercise Equipment, Inc, reported the following financial statements for 2024: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet.) Read the requirements. Requirement 1. Compute the amount of Trainer Exercise's acquisition of plant assets. Trainer Exercise disposed of plant assets at book value. Th cost and accumulated depreciation of the disposed asset was $48,100. No cash was received upon disposal. The acquisitions of plant assets amounts to Requirement 2. Compute new borrowing or payment of long-term notes payable, with Trainer Exercise having only one long-term notes payable transaction during the year. Requirement 3. Compute the issuance of common stock with Trainer Exercise having only one common stock transaction during the year. 1stuance of common stock is Requirement 4. Compute the payment of cash dividends. Payment of cash dividends is Data table Data table Liabilities Current Liabilities: Print Done