the peter pan movie was released in 1953! with a budget of $4 million dollars! (4,000,000).
the production used 38% of the budget on equipment.
how much money did production spend on equipment?
To find the amount of money spent on equipment, we need to calculate 38% of the budget.
Equipment spending = 38% of $4,000,000
Equipment spending = 0.38 x $4,000,000
Equipment spending = $1,520,000
Production spent $1,520,000 on equipment.