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Qantas PPE for 2017-2018
Qantas
2017
2018
PPE, at cost
25,940
27,534
Accumulated depreciation
-13687
-14683
Net book value of PPE
12,253
12,851
Depreciation expense
1276
1401
Net cash payments for PPE
1334
1942
Additional Information: Forecasted Net cash payments for PPE for 2019 is $2,000.
Required
Based on the above data, calculate the following:
a) Expected useful life of planes
b) PPE, at cost for FY 2020
c) Accumulated depreciation for FY 2020
d) Net book value of PPE for FY 2020
e) Depreciation expense for FY 2020
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