If the beginning and ending property, plant, and equipment are $500 million and $550 million respectively, the gross book value of equipment sold was: Schwerin Corporation reports the following on its 2005 financial statements. From statement of cash flows: Cash proceeds from sale of equipment Cash outflow from purchase of equipment Depreciation Gain from sale of equipment $120 million $100 million $80 million $60 million 2004 2005 $100 million 170 million 50 million 40 million