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Stewart Export Co. had the following Statement of Cash Flows for the year ended 03/31/15: ($ millions) Year ended 3/31/15 Net Income 1100 Depreciation 200

Stewart Export Co. had the following Statement of Cash Flows for the year ended 03/31/15:

($ millions) Year ended 3/31/15
Net Income 1100
Depreciation 200
Gain on sale of equipment (400)
Chg in Accounts Receivable 350
Chg. in Inventory (200)
Chg in Other Current Assets 100
Chg. in Accounts Payable (50)
Chg. in Other Payables 150
Net Cash from Operations 1250
Capital Expenditures (1200)
Sale of Equipment 700
Net Cash from Investing (500)

What was the book value of the equipment Stewart sold during the year ended 03/31/15?

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