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Cedar Fair operates amusement parks in the United States and Canada. During fiscal 2013, it reported the following (in millions): --------------------------------------------------------- From the income statement:

Cedar Fair operates amusement parks in the United States and Canada. During fiscal 2013, it reported the following (in millions):

---------------------------------------------------------

From the income statement:

- Loss (gain) on sale of equipment = $(9)

- Depreciation expense = $125

- Impairment of equipment =$3

--------------------------------------------------------

From the balance sheet:

- Equipment, beginning = $1,450

- Equipment, ending = $1,500

- Accumulated Depreciation, Beginning = $1,160

- Accumulated Depreciation, Ending = $1,250

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*Equipment costing $120 was purchased during the year.

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

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$ in million (a) Equipment Sold (b) Accumulated Depreciation-Equipment (c) Cash Received from Sale

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