Required information [The following information applies to the questions displayed below) Fausett Electronics, Inc, headquartered in Richfield, Minnesota, is one of the leading consumer electronics retailers, operating more than 1,000 stores across the globe. The following was reported in a recent annual report Prior Year CONSOLIDATED BALANCE SHEETS (5 in millions) Current Year ASSETS Property and Equipment Land and buildings $ 761 Leasehold improvements 2,026 Fixtures and equipment 4,078 Property under capital lease 116 6,982 Less accumulated depreciation 2,769 Net property and equipment 5723 1,746 3,055 55 5,579 2,291 3,286 Required: 1. Assuming that Fausett Electronics did not sell any property, plant, and equipment in the current year, what was the amount of depreciation expense recorded during the current year? (Enter your answer in millions.) Answer is complete but not entirely correct. Deprecation expense $ 2,769 milion