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The property and equipment section of the lululemon athletica 2 0 1 8 balance sheet follows. Property and Equipment ( in thousands ) Feb. 3

The property and equipment section of the lululemon athletica 2018 balance sheet follows.
Property and Equipment (in thousands) Feb. 3,2019 Jan. 28,2018
Land $78,636 $83,048
Buildings 38,03039,278
Leasehold improvements 362,571301,449
Furniture and fixtures 103,73391,778
Computer hardware 69,54261,734
Computer software 230,689173,997
Equipment and vehicles 15,00914,806
Work in progress 74,27151,260
Property and equipment, gross 972,481817,350
Accumulated depreciation (413,349)(350,582)
Property and equipment, net $559,132 $466,768
Depreciation expense related to property and equipment was $124.8 million and $110.2 million, for the years ended February 3,2019, and January 28,2018, respectively.
Required
a. Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? Answer
b. Compute the estimated useful life of lululemons depreciable assets.
Note: Round your answer to one decimal place (for example, enter 6.8 for 6.77555).
Answer
years
c. Compute the estimated percent used up of lululemons depreciable assets.
Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%).
Answer
%

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