2. Sale of PPE
Eastman Kodak reported that the cost of its PPE on December 31,
2010 was $6,805 million. On January 1, 2010, it had been $7,327
million. Also, the balance of accumulated depreciation on December
31, 2010 was $5,254 million. On January 1, 2010, it had been $5,516
million. Depreciation expense for the fiscal year 2010 was $420
million. During 2010, the company bought new equipment with
acquisition cost of $254 million worth. The company also sold PPE...