For part D, choose higher, lower, or the same:

Part A 0.0/3.0 points (graded) Harley-Davidson's financial statements provide the following information (in millions of dollars): During 2017 , Harley sold PP\&E for $830 Million in cash. The property was originally purchased for $910 and had accumulated depreciation of $440 million. There were no asset write-offs during 2017. How much depreciation expense did Harley record on its PP\&E for the fiscal year ended 2017? Part B 0.0/3.0 points (graded) How much PP\&E did Harley purchase during the fiscal year ended 2017? You have used 0 of 5 attempts Part C 5 points possible (graded) Suppose that because of trade issues, Harley must move much of its production to Europe. As a consequence, the value of their net PP\&E falls to $450 million on January 1,2018 . What transaction would they record? Suppose instead that on December 31, 2017, Harley-Davidson lengthens the depreciable lives of its PP\&E by 5 years (but does not change salvage values). Would the following amounts at or for the year ended December 31,2018 have been higher, lower or the same as the respective number if they had not changed the depreciable lives? For this part only, assume that Harley-Davidson's tax rate was 0.0%. Net Income: Operating Cash Flows: Return on Equity