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 $630,920 $365,934 Aircraft 599,374 473,190 Land 94,638 82,020 Buildings 763,413 574,137 Equipment 813,887 807,578 Construction in progress 12,618 6,309 Less accumulated depreciation (801,268) (668,775) 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