Accounting · Cash Flow Statement

Erik Co is preparing its statement of cash flows for the year ended 30 September 20X4. The carrying amount of its property, plant, and equipment (PPE) was $14.4 million at 30 September 20X3 and $23.4 million at 30 September 20X4. During the year, the following transactions were recorded: - Depreciation charge: $2.5 million - An item of plant with a carrying amount of $3.0 million was sold for $1.8 million - Property revaluation upwards: $2.0 million - Environmental provisions capitalized: $4.0 million - New right-of-use assets acquired under leases: $5.0 million (not included in the opening/closing figures above) What amount should be shown in Erik Co's statement of cash flows for the 'purchase of property, plant and equipment' under investing activities?