year, 2018 At the end of 2017. Solar Energy had total assets of $17.5 billion, Included among the assets were property, plant, and equipment with a cost of $4.8 billion and accumulated depreciation of 2.6 billion Solar Energy completed the following selected transactions during the following 1) Solar Energy cared total revenues of $26.7 billion 2) Solar Energy incurred total expenses of $212 billion, which included depreciation of 14 billion 3) Solar Energy paid $2 2 billion cash for new property, plant, and equipment 4) Solar Energy sold old equipment for $0.4 billion. The cost of the Assets sold was $1.3 bilion, and their accumulated depreciation was $0.5 billion Read the courements Requirement 1. Explain how to determine whether Solar Energy had again or loss on the sale of old plant ses daring the year. What was the amount of the gain or loss, if any? Start by selecting the forma, then enter the amount to calculate the gain or loss, if any. Enter amountain billions as provided in the problem statement. Use a no son or parentheses for a fou Sales proceeds Book value Gain (086) on sale Requirement 2. Show how Solar Energy would report property, plant, and equipment on the balance sheet at December 31, 2018 atler all the year's activity What was the book value of property plant and equipment (Enter amountainbiona as provided in the problem statement) Balance sheet at December 31, 2018 All amounts in billions What was the netbook value of property, plant and equipment? Requirement 2. Show how Solar Energy would report property, plant, and equipment on the balance sheet at December 31, 2018, after all the year's activity. What was the book value of property, plant, and equipment? (Erde amounts in billions as provided in the problem statement Balance sheet at December 31, 2018: All amounts in billions LOS What was the pet book of roperty, plant, and equipment? The book value of product and equipment was lon