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 $662,360 $384,169 Aircraft 629,242 496,770 Land 99,354 86,107 Buildings 801,456 602,748 Equipment 854,444 847,821 Construction in progress 13,247 6,624 Less accumulated depreciation (841,197) (702,102) 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.