Cannington Inc. designs, manufactures, and markets personal computers and related software. Cannington also manufactures and distributes music players (cPod), mobile phones (cPhone), and smartwatches (Cannington Watch) along with related accessories and services, including online distribution of third- party music, videos, and applications. The following information was taken from a recent annual report of Cannington: Property, Plant, and Equipment (in millions): Land and buildings Machinery, equipment, and internal-use software Other fixed assets Accumulated depreciation and amortization Current Year Preceding Year $511,290 $296,548 485,726 383,468 618,661 465,274 (649,338) (541,967) a. Compute the book value of the fixed assets for the current year and the preceding year. Current year book value (in millions) $ Preceding year book value (in millions) A comparison of the book values of the current and preceding years indicates that they accumulated depreciation reveals that Cannington purchased $ depreciation expense of $ million taken during the current year. A comparison of the total cost and million of additional fixed assets, which was offset by the additional b. Would you normally expect Cannington's book value of fixed assets to increase or decrease during the year?