Analyzing PPE accounts and Recording PPE transactions, Including Discontinued Operations.P8-.38The 2014 and 2013 income statements and balance sheets (asses section only) for Target Corporation follow along with its footnote describing Targets accounting for property and equipment. Target's cash flow statement for fiscal 2014 reported capital expenditures of $1,786 million and disposal proceeds for property and equipment of $95 million. No gain ir loss was reported on property and equipment disposals. In addition, Target acquired property and equipment through non-cash acquisitions not reported on the statement of cash flows