Refer to the financial statements of Lowe's Companies, Incorporated in Appendix B$.($Note: Fiscal $2019$ for Lowe's runs from February $2,2019,$ to January $31,2020.)$

Required:

The total cost of Property is $$35,945($million$)$ at January $31,2020.$ Use this information, along with other data reported on the balance sheet, to determine the amount of Accumulated Depreciation at January $31,2020.$ What percentage is this of the total cost of property?

$$17,276(million)$; $48\mathrm{.}1\%$

$$54,614(million)$; $151\mathrm{.}9\%$

$$18,432(million)$; $51\mathrm{.}3\%$

$$1,262(million)$; $3\mathrm{.}5\%$

$$17,276($million$)$; $48\mathrm{.}1\%$

$$54,614($million$)$; $151\mathrm{.}9\%$

$$18,432($million$)$; $51\mathrm{.}3\%$

$$1,262($million$)$; $3\mathrm{.}5\%$

$2.$ What amount of Depreciation and Amortization Expense was reported for the year ended January $31,2020?$ What percentage of net sales is it$?$

$[$$$1,404(million)$; $2\mathrm{.}1\%],[$$$1,262(million)$; $29\mathrm{.}5\%],[$$$1,262(million)$; $1\mathrm{.}7\%],[$$$1,477(million)$; $2\mathrm{.}1\%]$

What is the fixed asset turnover ratio for the year ended January $31,2020?$

$1\mathrm{.}94$

$3\mathrm{.}89$

$4\mathrm{.}29$

$57\mathrm{.}17$