Exercise 2- The composition of property, plant and equipment Below is information on the property and equipment of Amazon.com, Ine. for the year ended December 31, 2017 $22,730 19,967 30,050 1,838 2,002 Cast of and 12/31/2016 ulated depreciation (12/31/2016) Cost of Accumulated d ment (12/31/2017 iation (12/31/2017 ciation in 2017 tures in 2017 39 131 Accumulated d ation of and t sold in 2017 Cash received on property sold in 2017 Some ambars have bean changed for the purpose of this exesise Required: (a) Record the journal entry for the disposal of property and equipment during 2017 (b) Compute the amount of property and equipment that Amazon.com wrote-off in 2017. Remember that write-offs only a ffect the cost of property and equipment. Useful formulas for this question (and in general) Composition of end-of-period gross PP&E balance: PP&E (c inning-of PP&E purchases (C Write-offs due to End-of-period gross PP&E (cost) Composition of end-of-period acc umulated depreciation balance: accumulated inning-of rent period depreciation ation Accumulated on of d assets End-of-period accumu lated depreciation