need help with the red box please, I think the answer is 484 but how did we get

Question

need help with the red box please, I think the answer is 484 but how did we get that number?

MY INSTRUCTOR STANDARD VIEW PRINTER VERSION BACK Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2017 (in millions): other plant assets $939.0, land $240.0, patents and trademarks (at cost) $530.0 machinery and equipment $2,200.0, buildings $900.0, goodwill (at cost) $220.0, accumulated amortization $46.0, and accumulated depreciation $2,280.0. r 9 Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Equipment.,) NIKE, INC Partial Balance Sheet As of May 31, 2017 (in millions) 10 13 mission) Property, Plant and Equipment Land 240.0 -14 Buldings 900 by Study 2.200.0 Machinery and Equipment 939 Other Plant Assets 2280 Total Property, Piant and Equipment Intangible Assets

Explanation / Answer

note - the 484 amt. would be calculated as patent & trademarks less accumulated depriciation.

2. All figures are in $.

Please comment in case of further clarification required.

Property plant and equipment land 240 building 900 machinery & equipment 2200 other plant assets 939 less accumulated depriciation 2280 1759 Total property plant & equipements 1999 Intangible assets Goodwill 220 Patent & trademarks 530 less accumulated amortisation 46 484 Total intangible assets 704

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