The following information is summarized from Note 20 of a recent annual report of Andromidas Airlines. Numbers are in millions of Singapore dollars: Beginning of Year Additions Disposals Cost Aircraft Other fixed assets (summarized) 18,250.1 6,819.1 2,287.2 1,880.3. 2,290.8 2,409.0 25,069.2 End of Year 18,657.0 6,700.9 Accumulated depreciation Aircraft Other fixed assets (summarized) Beginning 4,578.0 4,289.3 25,357.9 Impairment. of Year Depreciation Loss Disposals: End of Year 5,814.2 2,920.9 1,467.1 59.4 943.9 6,396.8 485.2 8,735.1 1,952.3 2.1 61.5 339.4 3,068.8 1,283.3 9,465.6 Andromidas Airlines also reported the following cash flow details: Cash Flow from Operating Activities (in $ millions) Profit before taxation Current Year 1,217.6 Prior Year 2,565.2 Adjustments for Depreciation 1,952.3 1,501.8 Impairment loss Loss (gain) on disposal of fixed assets. Other adjustments (summarized) Cash generated from operations 61.5 (57.7) (1,530.2) 1,643.5 (42.1) 433.9 4,464.9 6.1 P8-7 Part 1 Required: 1. Reconstruct the information in Note 20 using T-accounts for Fixed Assets and Accumulated Depreciation: (Enter your answers in millions rounded to 1 decimal place (i.e. 5,500,000 should be entered as 5.5).) Beg. balance Additions End. balance Property, Plant and Equipment Disposals Disposals 0.0 Accumulated Depreciation Beg. balance Depreciation expense Impairment loss 0.0 End balance P8-7 Part 2 2. Compute the amount of cash the company received for disposals for the current year. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Cash proceeds from disposals milion P8-7 Part 3 3. Compute the percentage of depreciation expense to cash flows from operations for the current year. (Round your percentage answer to 1 decimal place (i.e. 0.123 should be entered as 12.3).) Percentage of depreciation expense %