=+E7-12 Book value offixed assets Obj 2 The following data were taken from recent annual reports ofInterstate Bakeries Corporation

(IBC). Interstate Bakeries produces, distributes, and sells fresh bakery products nationwide through supermarkets, convenience stores, and its 67 bakeries and 1,500 thrift stores.

June 3, 2006 May 28, 2005 Land and buildings $390,573,000 $ 440,164,000 Machinery and equipment 931,408,000 1,023,527,000 Accumulated depreciation 720,880,000 758,318,000