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Sona Is Forecasting Its Financial Statements for Year 2 A)$184
B)$194
C)$203
D)$209
E)$211

question 48

Multiple Choice

Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Sona is planning to invest $50 million in CAPEX and forecasted depreciation is $16 million. What is the Net Property, Plant and Equipment balance in Year 2? Selected Financial Information
Sona Inc. ($ millions)
 Year 1  Year 2  PP&E $150 Depreciation 2016 CAPEX 3050\begin{array} { | c | c | c | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { PP\&E } & \$ 150 & \\\hline \text { Depreciation } & 20 & 16 \\\hline \text { CAPEX } & 30 & 50 \\\hline\end{array}

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