E6-38 (similar to) Campbell Energy Services Ltd. of Calgary, Alberta, reported the following for land, buildings, and equipment (in millions): E: (Click the icon to view the report.) During 2017, Campbell Energy paid $70.3 million for new property and equipment. Depreciation for the year totalled $36.3 million. During 2017, Campbell sold property and equipment for $18.8 million. How much was Campbell's gain or loss on the sale of the property and equipment? How would this gain or loss be reported on the income statement? How much was Campbell's gain or loss on the sale of the property and equipment? Compute the cost of land, buildings, and equipment sold and the amount of depreciation accumulated on the assets sold. (Enter amounts in millions as provided to you in the problem statement, X.X.) The cost of land, building, and equipment sold was $ million Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check Answer E6-38 (similar to) Campbell Energy Services Ltd. of Calgary, Alberta, reported the following for land, buildings, and equipment (in millions): E (Click the icon to view the report.) During 2017, Campbell Energy paid $70.3 million for new property and equipment. Depreciation for the year totalled $36.3 million. During 2017, Campbell sold property and equipment for $18.8 million. How much was Campbell's gain or loss on the sale of the property and equipment? How would this gain or loss be reported on the income statement? How much was Campbell's gain or loss on Compute the cost of land, buildings, and eq you in the problem statement, X.X.) Data Table Inter amounts in millions as provided to The cost of land, building, and equipment sa December 31 2017 2016 $ 528.9 $ 570.0 Land, buildings, and equipment Accumulated depreciation (191.4) (204.6) Print Done Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check