FSA Long lived assets. Please solve

------------------ An analyst gathered the following information regarding the long-lived assets of a company ($000): 20X2 20X1 Land $75 $60 Plant and equipmen 640 592 715 652 Less: Accumulated depreciation 224 188 Property, plant and equipment – net $491 464 Data for 20X2 Depreciation Expense 42 Capital expenditures 82 Proceeds from sale of equipment 18 The gain or loss from the sale of long-lived assets during 20X2 was closest to ($000): ----------- Please solve it using: EV = BV + Capex - Depr - BV sold Proceed - BV sold = Gain (Loss)

715, 652 totals for 2002, 2001 respectively

491=464+82-42-BV So BV = 504-491=13 Proceeds=18 BV=13 Gain = 5 Always use the Net PP&E number.

thx