The end (beginning) balance of ABCs PPE is 1,500 (1,200). It also reports 200 in depreciation expense. During the period it sold PPE with NBV of 80. Based on this information, the amount ABC paid for new PPE that will be reported in CFI is Select one:

a. 380

b. 300

c. None of the other answers is correct

d. 580

e. 280