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The following information relates to the Property, Plant & Equipment (PPE) of a company for it's year ending 31 Dec 2020: - the carrying amount
The following information relates to the Property, Plant & Equipment (PPE) of a company for it's year ending 31 Dec 2020:
- the carrying amount of PPE increased from 752,000 at 31 Dec 2019 to 868,000 at 31 Dec 2020.
- the depreciation expense for the year was 121,000.
- PPE disposals in the year generated cash proceeds of 50,000. The carrying amount of the disposed PPE totalled 72,000
Calculate the cash outflow from the purchase of PPE which would be reported in the company's Statement of Cash Flows
309,000
77,000
217,050
116,000
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