Working backward from changes in the Buildings and Equipment account The comparative balance sheets of American Airlines show a balance in the Buildings and Equipment account at cost year-end of $17,369 million: a year earlier, the balance was $16,825 million. The Accumulated Depreciation account shows a balance of $5,465 million at year-end and of $4,914 million a year earlier. The statement of cash flows reports that expenditures for buildings and equipment during the year totaled $1,314 million. The income statement indicates a depreciation charge of $1,253 million during the year. The firm sold buildings and equipment during the year at their carrying value calculate the acquisition cost and accumulated depreciation of the buildings and equipment that American sold for cash during the year and the proceeds from the disposition.