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 $505,980 $293,468 Alrcraft 480,681 379,485 Land 75,897 65,777 Buildings 612,236 460,442 Equipment 652,714 647,654 Construction in progress 10,120 5,060 (642.595) Less accumulated depreciation (536,339) a. Compute the book value of the fixed assets for years 1 and 2. million Year 2 book value Year 1 book value million its operations in year 2 from of fixed assets. This is typical of b. UPS appears to have growing companies