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2. Please consider the balance sheet and notes to the financial statements for The Kroger Co. (Kroger) below and answer the following questions. a. How
2. Please consider the balance sheet and notes to the financial statements for The Kroger Co. (Kroger) below and answer the following questions. a. How much did Kroger originally pay for all of the property, plant, and equipment (PPE) that it owned on January 28, 2017?- What is the net book value (NBV) of Kroger's property, plant and equipment on January 28, 2017? c. What is Kroger's total depreciation and amortization expense related to PPE for the period ended January 28, 2017? Assume there were no disposals of any PPE during the year. THE KROGER CO. CONSOLIDATED BALANCE SHEETS January 28, 2017 January 30, 2016 $ (In millions, except par values) ASSETS Current assets Cash and temporary cash investments Store deposits in-transit Receivables FIFO inventory LIFO reserve Prepaid and other current assets Total current assets 322 910 1,649 7.852 (1,291) 998 10,340 277 923 1,734 7,440 (1,272) 790 9,892 Property, plant and equipment, net Intangibles, net Goodwill Other assets 21,016 1,153 3,031 965 19,619 1,053 2,724 609 Total Assets $ 36,505 $ 33,897 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 4. PROPERTY, PLANT AND EQUIPMENT, NET $ $ Property, plant and equipment, net consists of: Land Buildings and land improvements Equipment Leasehold improvements Construction-in-progress Leased property under capital leases and financing obligations 2016 3,197 11.643 13,495 9.342 1.979 932 2015 2,997 10.524 12,520 8,710 2,115 801 Total property, plant and equipment Accumulated depreciation and amortization 40,588 (19.572) 37,667 (18.048) Property, plant and equipment, net $ 21.016 S 19.619 Accumulated depreciation and amortization for leased property under capital leases was $330 at January 28, 2017 and S293 at January 30, 2016. Approximately $219 and S264, net book value, of property, plant and equipment collateralized certain mortgages at January 28, 2017 and January 30, 2016, respectively
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