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What was the amount of ppe purchased during the period

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Reference no: EM132978062

Question - The carrying value of businesses property, plant and equipment (PPE) was $114,000 at the beginning of the period and $121,000 at the end of the period. During the period depreciation charge was $23,000 and a vehicle with carrying value of $8,000 was sold for $10,000. What was the amount of PPE purchased during the period?

A. $7,000

B. $22,000

C. $40,000

D. $38,000

Reference no: EM132978062

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