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Question #6 This question consists of 3 independent sub-questions (20 marks) 1. Beginning Ending PPE, net $103,000 $107,000 Depreciation for the period $19,500 Acquisition of

Question #6

This question consists of 3 independent sub-questions (20 marks)

Beginning Ending

PPE, net $103,000 $107,000

Depreciation for the period $19,500

Acquisition of new PPE $27,000

Loss on the disposition of PPE $1,000

Calculate the cash proceeds from the disposition. (6 marks)

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