ped pok int CP8-6 (Static) Using Financial Reports: Inferring the Sale of Assets LO8-1, 8-5, 8-7 Eastman Kodak is "a global commercial printing and imaging company with proprietary technologies in materials science, digital imaging science and software, and deposition processes." In a recent annual report, the cost of property, plant, and equipment at the end of the current year was $708 million. At the end of the previous year, it had been $686 million. During the current year, the company bought $38 million worth of new equipment. The balance of accumulated depreciation at the end of the current year was $394 million; at the end of the previous year it was $344 million. Depreciation expense for the current year was $62 million. The company reported an $8 million gain on the disposition of property, plant, and equipment. There were no impairment losses during the current year. Required: What amount of proceeds did Eastman Kodak receive when it sold property, plant, and equipment during the current year? (Enter answer values in million of dollars.) Cash proceeds when property was sold