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Q1. What is the ending PPE balance for 2020? Please follow the BASE method to complete your calculation. (in thousand) 2020F Assumptions for 2020 2018

Q1. What is the ending PPE balance for 2020? Please follow the BASE method to complete your calculation.

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(in thousand) 2020F Assumptions for 2020 2018 2019 1,632,168 2,119,532 Revenue Revenue growth 15% Assume a revenue growth rate of 15% PPE Beginning Addition (Capex) Subtraction (Depreciation) Ending Assume CAPEX is 3% of revenue Depreciation is 10% of beginning PPE 315,512

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