1. Reconstruct the information in Note 20 using T-accounts for Fixed Assets and Accumulated Depreciation: (Enter your answers in millions rounded to 1 decimal place (i.e. 5,500,000 should be entered as 5.5).)

Required information P8-7 (Algo) Inferring Activities Affecting Fixed Assets from Notes to the Financial Statements and Analyzing the Impact of Depreciation on Cash Flows LO8-5, 8-7 [The following information applies to the questions displayed below.] The following information is summarized from Note 20 of a recent annual report of Andromidas Airlines. Numbers are in millions of Singapore dollars: Beginning of Year End of Year Additions Disposals Cost Aircraft Other fixed assets (summarized) 18, 340.1 6,859.1 25,199.2 2,267.2 2,180.8 4,448.0 1,760.3 2,499.0 4,259.3 18,847.0 6,540.9 25,387.9 Beginning Impairment of Year Depreciation Loss Disposals End of Year Accumulated depreciation Aircraft Other fixed assets (summarized) 5,664.2 2,880.9 8,545.1 1,537.1 535.2 2,072.3 44.4 2.1 46.5 933.9 399.4 1,333.3 6,311.8 3,018.8 9,330.6 Andromidas Airlines also reported the following cash flow details: Prior Year 2,562.2 Cash Flow from Operating Activities (in $ millions) Current Year Profit before taxation 1,207.6 Adjustments for Depreciation 2,072.3 Impairment loss 46.5 Loss (gain) on disposal of fixed assets (60.7) Other adjustments (summarized) (1,542.2) Cash generated from operations 1,723.5 1,497.8 6.1 (42.1) 431.9 4,455.9 Property, Plant and Equipment Beg. balance Additions Disposals Disposals Accumulated Depreciation Beg. balance Depreciation expense Impairment loss End. balance End, balance