Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for Year 9. Selected financial information for Years 7 and 8 is provided in the table. In Year 8 Cadbury is planning to invest 300 million in CAPEX. The average depreciation rate is 10%. What is the forecasted depreciation expense in Year 9?

Selected Financial Information

Cadbury Inc. ( millions)

	Year 7	Year 8
PP&E	1,904	1,761
Depreciation		196
CAPEX		53

Group of answer choices

322

176

300

286

206