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TB Problem 11-206 (Static) In its 2021 annual report to shareholders, Custard Cup Inc

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TB Problem 11-206 (Static) In its 2021 annual report to shareholders, Custard Cup Inc. included the following note: Note 4 Property, Plant, and Equipment Property, plant, and equipment (PPE) at December 31, 2021, and December 31, 2020, consisted of the following: 2020 (In millions) Machinery and equipment Buildings and improvements Office furniture and fixtures 2021 $ 244 90 $ 6 340 183 Less: Accumulated depreciation and Amortization 237 89 6 332 165 167 15 6 188 Land Construction in progress 157 15 24 196 $ $ Depreciation expense for property, plant and equipment was $26 million in 2021. Required: Compute the accumulated depreciation on PPE disposed of by Custard Cup during 2021. Answer is complete but not entirely correct. Acc. Deprec. — Property, Plant, & Equipment (in millions) Beg. Balance 157 X Acc.Depreciation on disposals 8 26 Depreciation. Exp. End. Balance 139