book value of fixed assets

Book Value of Fixed Assets Cannington, Inc., designs, manufactures, and markets personal computers and related software. The following information was taken from a recent annual report of Cannington industries Property, Plant, and Equipment (in millions): Current Year Preceding Year Land and buildings $754,500 $437,610 Machinery, equipment, and internal use software 716,775 565,875 Office furniture and equipment 113,175 98,085 Other fixed assets related to leases 912,945 686,595 Accumulated depreciation and amortization (958,215) (799,770) a. Compute the book value of the feed assets for the current year and the preceding year, Current year book value Preceding year book value b. Would you normally expect the book value of nedsats to increase or decrease during the year