a recent annual report for eastman kodak reported that the 251679

A recent annual report for Eastman Kodak reported that the balance of property, plant, and equipment at the end of the current year was $16,774 million. At the end of the previous year, it had been $15,667 million. During the current year, the company bought $2,118 million worth of new equipment. The balance of accumulated depreciation at the end of the current year was $8,146 million and at the end of the previous year was $7,654 million. Depreciation expense for the current year was $1,181 million.

The annual report does not disclose any gain or loss on the disposition of property, plant, and equipment, so you may assume that the amount was zero.


What amount of proceeds did Eastman Kodak receive when it sold property, plant, and equipment during the current year?

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