The following items have been extracted from the statement of cash flows of Gresham for the year ended 31 December 20X1. USDDepreciation 30,000Profit on sale of non-current assets 5,000Proceeds from sale of non-current assets 20,000Purchase of non-current assets 25,000If the carrying amount of non-current assets was USD110,000 on 31 December 20X0, what was it on 31 December 20X1?
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