Book Value of Fixed Assets Property, Plant, and Equipment (in millions): a. Compute the book value of the fixed assets for the current year and the preceding year. A comparison of the book values of the current and preceding years indicates that they . A comparison of the total cost and accumulated depreciation reven $ million of additional fixed assets, which was offset by the additional depreciation expense of $ million taken during the current year. b. Would you normally expect the book value of fixed assets to increase or decrease during the year