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Reconcile the beginning and ending balances of PP&E, Net for American Outdoor Brands Corporation (AOBC) during the year that ended on 4-30-2019 (fiscal year 2018).

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Reconcile the beginning and ending balances of PP&E, Net for American Outdoor Brands Corporation (AOBC) during the year that ended on 4-30-2019 (fiscal year 2018). Show your results in the form of a table with beginning and ending balances, plus the debits and credits that you propose to explain the annual variation in the account's balance. Include a brief justification for each entry, with references to the annual report (financial statement, note number, or other section the 10- K). Calculate and disclose the dollar value of the remaining unexplained variation. Figure 1 below is one way to present your solution. Rubrics: Ability to explain changes in the account. - References to 10-K. Deliverable: An Excel file uploaded on Canvas. Figure 1. Reconciliation of debt balances for AOBC in 2018. Amounts ($ mill.) Description Opening balance Information Source B/S, 12/31/2020 B/S, 12/321/2021 Calculated closing balance (-) Actual closing balance (=) Unexplained variation Notes: (1) Reconcile the beginning and ending balances of PP&E, Net for American Outdoor Brands Corporation (AOBC) during the year that ended on 4-30-2019 (fiscal year 2018). Show your results in the form of a table with beginning and ending balances, plus the debits and credits that you propose to explain the annual variation in the account's balance. Include a brief justification for each entry, with references to the annual report (financial statement, note number, or other section the 10- K). Calculate and disclose the dollar value of the remaining unexplained variation. Figure 1 below is one way to present your solution. Rubrics: Ability to explain changes in the account. - References to 10-K. Deliverable: An Excel file uploaded on Canvas. Figure 1. Reconciliation of debt balances for AOBC in 2018. Amounts ($ mill.) Description Opening balance Information Source B/S, 12/31/2020 B/S, 12/321/2021 Calculated closing balance (-) Actual closing balance (=) Unexplained variation Notes: (1)

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