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Cast 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.$)$

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$q,$

Requirement $1.$ Compute the amount of Cast Exercise's acquisition of plant assets. Cast Exercise

The acquisitions of plant assets amounts to $$ Data table

Cast Exercise Equipment, Inc. Income Statement

Year Ended December $31,2024$

$\backslash$table$[[$Net Sales Revenue,,,$714,000],[$Cost of Goods Sold,,,$347,000],[$Gross Profit,,,$367,000],[$Operating Expenses:$],[$Depreciation Expense,$$,50,000,],[$Other Operating Expenses,,$205,000,],[$Total Operating Expenses,,,$255,000],[$Net Income,,s$,112,000]]$

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disposed asset was $$46,800.$ No cash was received upon disposal.

Data table

$\backslash$table$[[\backslash$table$[[$Cast Exercise Equipment, Inc.$],[$Comparative Balance Sheet$],[$December $31,2024$ and $2023]]],[,,2024,2023],[$Assets$],[$Current Assets:$],[$Cash$,$$$,22,000S,14,000],[$Accounts Receivable,,$53,000,45,000],[$Merchandise Inventory,,$81,000,87,000],[$Long$-$term Assets:$],[$Plant Assets,,$260,600,222,400],[$Accumulated Depreciation$-$Plant Assets,,$(36,600),(33,400)$