Asset Changes at Hewlett-Packard Company The following information is taken from Hewlett-Packard Company’s annual report and its 10-K filing with the SEC (in millions of dollars):

The following additional information regarding 1998 is also presented:
Depreciation and amortization expense was $1,869.
New investment in property, plant, and equipment was D1997.
Based on the information provided, answer the following questions:
Which financial statement will provide information regarding depreciation and amortization expense?
Which financial statement will provide information regarding new investments in property, plant, and equipment?
. Which financial statement will provide information about accumulated depreciation?
. What was the historical cost of the fixed assets that were disposed of during 1998?
. What was the book value of the fixed assets that were disposed of during 1998?
a.
b.

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Land Buildings & Leasehold Improvements Machinery & Equipment Accumulated Depreciation 1998 $ 450 1997 $ 468 4,997 4,672 7,123 6,636 6,212 5,464