Part 3. Book value

1. Read the following case and calculate the book value of Home Depot's current and prior year fixed assets.

2. Explain the difference in the book value between the two years.

Home Depot is a distributor of construction materials, gardening and kitchen equipment, among others.The following information is from the company's books.

Fixed assets	Current year	Previous year
Buildings	$ 28,300	$ 21,500
Machinery, equipment and computer systems	32,250	22,600
Other fixed assets	6,800	8,200
Accumulated depreciation and amortization	(31,500)	(23,100)