Question: Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Property, plant, and equipment Accumulated depreciation Dec 31, 2018 $

 Here is selected financial statement data regarding a company's property, plant,

Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Property, plant, and equipment Accumulated depreciation Dec 31, 2018 $ 800,000 142,000 Dec 31, 2017 $ 559,00 86,01 2018 Income Statement: Depreciation expense Loss on sale of property, plant, and equipment $ 90,000 19,000 During the year, PPE with a book value of $48,000 were sold. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of property, plant, and equipment" for $ Input number as is, without negative signs, brackets or parenthesis. [Hint: Populate t accounts with all given numbers, then calculate cost of PPE sold. Do JE to record PPE sale if it helps. Back into all other unknowns.]

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