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In the fiscal year ending October 30, 2022, John Deere recognized $88 million in impairment charges related to Property, Plant, and Equipment (PP&E). Furthermore, John
In the fiscal year ending October 30, 2022, John Deere recognized $88 million in impairment charges related to Property, Plant, and Equipment (PP\&E). Furthermore, John Deere recorded proceeds from the sale of PP\&E worth $52.3 million. Ignore any income tax effects. What is the net book value of PP\&E disposed of in the fiscal year ending October 30,2022 , at the point of disposal/sale? $ million Did John Deere record any gain or loss on the disposal/sale of PP\&E in fiscal year 2022? If so, how much? Please circle one: Gain Loss Zero Profit Insufficient information If gain/loss, what is the amount? $ million If insufficient information, explain
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