7.) Cedar Fair operates amusement parks in the United States and Canada. During a recent year, it reported the following (in millions):

From the income statement
Loss (gain) on sale of equipment	$	(9	)
Depreciation expense		130
From the balance sheet
Equipment, beginning		1,470
Equipment, ending		1,510
Accumulated depreciation, beginning		1,170
Accumulated depreciation, ending		1,252

Equipment costing $122 was purchased during the year.

Required:

For the equipment that was disposed of during the year, compute the following: (a) its original cost, (b) its accumulated depreciation, and (c) the cash received from the disposal. (Enter your answers in millions.)

$ in million (a) Cost of equipment sold (b) Accumulated Depreciation-Equipment (c)Cash Received from Sale