QUESTION 20 The following information relates to the Property. Plant & Equipment (PP) of a compary for a year ending 31 Dec 2020 the carrying amount of PPE Increased from 752.000 at 31 Dec 2019 to 1868,000 at 31 Dec 2020, the depreciation expense for the year was 121,000 PPE disposals in the year generated cash proceeds of C50,000. The carrying amount of the disposed PPE totalled 672.000 Calculate the cash outflow from the purchase of PPE which would be reported in the company's Statement of Cash Flows 309,000 116,000 E217,050 E77,000