The following data were taken from recent annual reports of Interstate 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.

a. Compute the book value of the fixed assets for 2008 and 2007 and explain the differences, if any.b. Would you normally expect the book value of fixed assets to increase or decrease during theyear?

June 2, 2007 S 390,147,000 865,398,000 713,820,000 May 31, 2008 Land and buildings Machinery and equipment Accumulated depreciation $359,133,000 820,484,000 715,162,000