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

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)
$$\begin{array} { | c | c | c | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { PP\&E } & \$ 150 & \\\hline \text { Depreciation } & 20 & 16 \\\hline \text { CAPEX } & 30 & 50 \\\hline\end{array}$$

A) $184
B) $194
C) $203
D) $209
E) $211