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The year end financial statements for Pratt Inc., report the following information: Year ended December 31, (In millions) Year 2 Year 1 Depreciation expense $86.8

The year end financial statements for Pratt Inc., report the following information:

Year ended December 31,

(In millions)

Year 2

Year 1

Depreciation expense

$86.8

$83.5

Property, Plant and equipment, net

565.5

540.8

Land (included in net PPE above)

37.7

40.0

Accumulated depreciation

932.0

917.2

Which of the following estimates the property and equipment's percent-used-up at December 31, Year 2?

Select one:

a. 64.8%

b. 15.3%

c. 62.2%

d. 60.7%

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