Book value of fixed assets Apple Inc. (AAPL) designs, manufactures, and markets personal computers and related software. Apple also manufactures and distributes musi players (iPod), mobile phones (iPhone), and smartwatches (Apple Watch) along with related accessories and services, including online distribution third-party music, videos, and applications. The following information was taken from a recent annual report of Apple: Property, Plant, and Equipment (in millions): a. Compute the book value of the fixed assets for the current year and the preceding year. Current year book value (in millions) $ Preceding year book value (in millions) $ A comparison of the book values of the current and preceding years ind of Ihat they A comparison of the total cost and accumulated depreciation reveals that Apple purchased 4 additional fined assets, which was offset by the additional depreciation expense of 5 million taken during the current year. b. Would you normally expect Apple's book value of fixed assets to increase or decrease during the year