Sunglass Hut International is the world's largest specialty retailer of sunglasses with stores located in a wide variety of high-traffic shopping and tourist destinations. The following note and data were reported in a recent annual report:

Required:
Based on the preceding information, compute the amount of property and equipment (both cost and accumulated depreciation) that Sunglass Hut wrote off as impaired during the year. {Hint: Set up T-accounts.)

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NOTE 1-ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Property and Equipment The Company performed an analysis of the recoverability of the net book value of property and equipment for underperforming operations. As a result of the analysis, the Company reduced property and equipment by... Cost of property and equipment (beginning of year) Cost of property and equipment (end of year) Capital expenditures during the year Accumulated depreciation (beginning of year) Accumulated depreciation (end of year) Depreciation expense during the year No property or equipment was sold In millions $192 178 29 63 77 27 0