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

Requirements
1. Compute the amount of Rouse Exercise’s acquisition of plant assets. Assume the acquisition was for cash. 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.
2. Compute new borrowing or payment of long-term notes payable, with Rouse Exercise having only one long-term notes payable transaction during the year.
3. Compute the issuance of common stock with Rouse Exercise having only one common stock transaction during the year.
4. Compute the payment of cash dividends.

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ROUSE EXERCISE EQUIPMENT, INC. Income Statement Year Ended December 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Depreciation Expense Other Operating Expenses Total Operating Expenses Net Income $ 54,000 210,000 $ 713,000 342,000 371,000 264,000 $ 107,000