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Lily Stores, Inc, sells electronics and appliances. The excerpts that follow are adapted from Lity's financial statements for 2018 and 2017 [Click the icon to view the partial balance sheet and cash flow statement.) Read the requrements. Requirement 1. How much was Lity's cost of plant assets at March 31, 2018? How much was the book value of plant assets? Show computations. (Enter amounts in millions as provided i The cost of plant assets at March 31, 2018 is 4,831 million. Determine the formula and enter the amounts to calculate the book value of plant assets at March 31, 2018. depreciationBook value Cost 4832,125 2,706 Requirement 2. The financial statements provide three pieces of evidence that Lily purchased plant assets and goodwill during fiscal year 2018. What are they? . The balance sheet shows an increase in property, plant, and equipment 2. The balance sheet shows an increase in goodwil 3. The statement of cash flows reports additions to property, plant, and equipment Accumulated Depreciation; and Goodwill have been prepared for you. Fill in the T-accounts with information from the compa each increase or decrease and give its dollar amount. (Abbreviation used: Acoum. Depr Accumulated Depreciation. Enter Begin by completing the T-account for Property, Plant, and Equipment. Property, Plant, and Equipment 4,198 Cost of assets sold in 2018 3/31/2017 Balance 706 Purchases during 2018 3/31/2018 Balance Choose from any list or enter any number in the input fielas and then continue to the next question. MacBook Air

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