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Help please. Property, Plant, and Equipment (in millions): a. Compute the book value of the fixed assets for the current year and the preceding year.

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Property, Plant, and Equipment (in millions): 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 milions) \$ A comparison of the book values of the current and preceding years indicates that they . A comparison of the total cost and accumulated depreciation reveals that Cannington purchased: million of additional fixed assets, which was offset by the additional depreciation expense of: million taken during the current year. b. Would you normally expect Cannington's book value of fixed assets to increase or decrease during the year? Proposty, Plant, and Fquipanent (in tatilioes)

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