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Cedar Fair operates amusement parks in the United States and Canada. During a recent year,...

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Accounting

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Cedar Fair operates amusement parks in the United States and Canada. During a recent year, it reported the following (in millions): $ (9) 144 From the income statement Loss (gain) on sale of equipment Depreciation expense From the balance sheet Equipment, beginning Equipment, ending Accumulated depreciation, beginning Accumulated depreciation, ending 1,540 1,545 1,205 1,259 Equipment costing $129 was purchased during the year. Required: For the equipment that was disposed of during the year, compute the following: (a) its original cost, (b) its accumulated depreciation, and (c) the cash received from the disposal. (Enter your answers in millions.) Sin million (a) Cost of equipment sold (b) Accumulated Depreciation-Equipment (c) Cash Received from Sale

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