Chp 12-HW #2 - due 857... Saved Submit Check my work 2 3 points eBook Hint Print References 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 Depreciation expense From the balance sheet Equipment, beginning Equipment, ending Accumulated depreciation, beginning Accumulated depreciation, ending (9) 142 1,530 1,540 1,200 1,258 Equipment costing $128 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.) (a) Cost of equipment sold (b) Accumulated Depreciation-Equipment (c) Cash Received from Sale $ in million Mc Graw Hill < Prev 3 of 5 Next > www