Book Value of Fixed Assets The following data (in millions) were adapted from recent annual reports of United Parcel Service, Inc. (UPS). UPS provides delivery and freight services throughout the world. Year 2 Year 1 Vehicles $581,610 $337,334 Aircraft 552,530 436,208 Land 87,242 75,609 Buildings 703,748 529,265 Equipment 750,277 744,461 Construction in progress 11,632 5,816 Less accumulated depreciation (738,645) (616,507) a. Compute the book value of the fixed assets for years 1 and 2. Year 2 book value $ million Year 1 book value million b. UPS appears to have its operations in year 2 from of fixed assets. This is typical of growing companies