Question: For 2018 , Illinois Tool Works reports (a ) a (gain) loss on the sale of plant and equipment and (b) a (gain) loss on

For2018, Illinois Tool Works reports (a ) a (gain) loss on the sale of plant and equipment and (b) a (gain) loss on sale of operations and affiliates.Illinois Tool Works also reports (a) proceeds from the sale of plant and equipment and (b) proceeds from the sale of operations and affiliates.Using this informatiiion, determineeee the net amount reported on the balance sheet (book value) at the time of the sale for (a) sale of plant and equipment and (b) sale of operations and affiliates.

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