Question: 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

P8-7 (Algo) Inferring Activities Affecting Fixed Assets from Notes to the

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: Andromidas Airlines also reported the following cash flow details: 87 Part 1 equired: Reconstruct the information in Note 20 using T-accounts for Fixed Assets and Accumulated Depreciation: (Enter your answers in hillions rounded to 1 decimal place (i.e. 5,500,000 should be entered as 5.5).)

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