White Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirements. Requirement 1. Compute the acquisition of plant assets for White 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 White 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 $4,600 note payable. Print Done - Data table Assets Current Assets: 2024 2023 Cash $ 5,200 $ 3,800 Accounts Receivable 10,100 7,100 Long-term Assets: Plants Assets Accumulated Depreciation-Plant Assets Total Assets Liabilities 107,350 89,250 (28,350) (15,250) $ 94,300 $ 84,900 Current Liabilities: Accounts Payable Long-term Liabilities: Notes Payable Total Liabilities $ 8,500 $ 6,500 12,000 13,000 20,500 19,500 Stockholders' Equity Common Stock, no par 23,000 20,000 50,800 45,400 Retained Earnings 73,800 65,400 Total Stockholders' Equity 94,300 $ 84,900 Total Liabilities and Stockholders' Equity Print Done Data table White Media Corporation Income Statement Year Ended December 31, 2024 Sales Revenue $ 82,000 Depreciation Expense-Plant Assets 13,100 51,000 Other Expenses $ 17,900 Net Income Print Done