[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 in the United States, Europe, Canada, China, and Mexico. The following was reported in a recent annual report: CONSOLIDATED BALANCE SHEETS $ In millions) Current Year Prior Year ASSETS Property and Equipment Land and buildings Leasehold Improvements Fixtures and equipment Property under capital lease $ 765 2,017 4,067 126 6,975 2,768 4,207 $ 721 1,742 3,057 58 5,578 2,296 3,282 Less accumulated depreciation Net property and equipment