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Property, Plant, and Equipment (in millions): Year 2 Year 1 Land and buildings $706,650 $409,857 Machinery, equipment, and internal-use software 671,318 529,988 Office furniture
Property, Plant, and Equipment (in millions): Year 2 Year 1 Land and buildings $706,650 $409,857 Machinery, equipment, and internal-use software 671,318 529,988 Office furniture and equipment 105,998 91,865 Other fixed assets related to leases 855,047 643,052 Accumulated depreciation and amortization (897,446) (749,049) a. Compute the book value of the fixed assets for Years 1 and 2. Year 2 Year 1 million million b. Would you normally expect the book Value of fixed assets to increase or decrease during the year? Increase
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