Given Net PP&E (excl. land) of 14,947 and Accumulated depreciation of 11,922, what is the gross depreciable PPE (excluding land)?

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Multiple Choice

Given Net PP&E (excl. land) of 14,947 and Accumulated depreciation of 11,922, what is the gross depreciable PPE (excluding land)?

Explanation:
Gross depreciable PPE is found by reversing the relation Net PP&E = Gross PPE minus Accumulated depreciation. To get Gross PPE, add accumulated depreciation back to net PP&E: 14,947 + 11,922 = 26,869. The correct value is 26,869 because the gross amount reflects the original cost of the depreciable assets before any depreciation was subtracted, and net PP&E already has depreciation applied. The other numbers would result from not adding the accumulated depreciation back to the net figure or from misunderstanding what net PP&E represents.

Gross depreciable PPE is found by reversing the relation Net PP&E = Gross PPE minus Accumulated depreciation. To get Gross PPE, add accumulated depreciation back to net PP&E: 14,947 + 11,922 = 26,869. The correct value is 26,869 because the gross amount reflects the original cost of the depreciable assets before any depreciation was subtracted, and net PP&E already has depreciation applied. The other numbers would result from not adding the accumulated depreciation back to the net figure or from misunderstanding what net PP&E represents.

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