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See the attached financial statements for Mydeco in 2015-2019. How much did its net PPE increase in 2017 (from 2016)? 2019 604.1 (293.4) 310.7 (120.8)

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See the attached financial statements for Mydeco in 2015-2019. How much did its net PPE increase in 2017 (from 2016)? 2019 604.1 (293.4) 310.7 (120.8) (78.5) (38.6) 72.8 (39.4) 2015-2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2015 2016 2017 2018 Revenue 404.3 363.8 424.6 510.7 Cost of Goods Sold (188.3) (173.8) (206.2) (246.8) Gross Profit 216.0 190.0 218.4 263.9 Sales and Marketing (66.7) (66.4) (82.8) (102.1) Administration (60.6) (59.1) (59.4) (66.4) Depreciation & Amortization (27.3) (27.0) (34.3) (38.4) EBIT 61.4 37.5 41.9 57.0 Interest Income (Expense) (33.7) (32.9) (32.2) (37.4) Pretax Income 27.7 4.6 9.7 19.6 Income Tax (9.7) (1.6) (3.4) (6.9) Net Income 18.0 3.0 6.3 12.7 Shares Outstanding (millions) 55 55 55 55 Earnings per Share $0.33 $0.05 $0.11 $0.23 Balance Sheet 2015 2016 2017 2018 Assets Cash 48.8 68.9 86.3 77.5 Accounts Receivable 88.6 69.8 69.8 76.9 Inventory 33.7 30.9 28.4 31.7 Total Current Assets 171.1 169.6 184.5 186.1 Net Property, Plant & Equipment 245.3 243.3 309.0 345.6 Goodwill & Intangibles 361.7 361.7 361.7 361.7 Total Assets 778.1 774.6 855.2 893.4 Liabilities & Stockholders' Equity Accounts Payable 18.7 17.9 22.0 26.8 Accrued Compensation 6.7 6.4 7 8.1 Total Current Liabilities 25.4 24.3 34.9 Long-Term Debt 500.0 575.0 600.0 33.4 (11.7) 21.7 55 $0.39 2019 85.0 86.1 35.3 206.4 347.0 361.7 915.1 31.7 9.7 41.4 600.0 29.0 500.0 Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay. & Accrued Comp. Cash from Operations Capital Expenditures Cash from Investing Activ. Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) Cash from Financing Activ. Change in Cash Mydeco Stock Price 525.4 252.7 778.1 2015 18.0 27.3 3.9 (2.9) 2.2 48.5 (25.0) (25.0) (5.4) 524.3 250.3 774.6 2016 3.0 27.0 18.8 2.8 (1.1) 50.5 (25.0) (25.0) (5.4) 604.0 251.2 855.2 2017 6.3 34.3 0.0 2.5 4.7 47.8 (100.0) (100.0) (5.4) 634.9 258.5 893.4 2018 12.7 38.4 (7.1) (3.3) 5.9 46.6 (75.0) (75.0) (5.4) 641.4 273.7 915.1 2019 21.7 38.6 (9.2) (3.6) 6.5 54.0 (40.0) (40.0) (6.5) (5.4) 18.1 $7.92 (5.4) 20.1 $3.30 75.0 69.6 17.4 $5.25 25.0 19.6 (8.8) $8.71 (6.5) 7.5 $10.89 O $25M O $65.7M O $100M O $34.3M

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