Homework Answers
Answer:
| Year 2 book value | $18,281 |
| Year 1 book value | $17,961 |
Calculations:
| Year 2 | Year 1 | |
| Property,plant,and equipment: | ||
| Vehicles | $7,542 | $6,762 |
| Aircraft | $15,801 | $15,772 |
| Land | $1,145 | $1,163 |
| Buildings | $6,542 | $6,376 |
| Equipment | $9,291 | $8,834 |
| Construction in Progress | $299 | $244 |
| (Less): Accumulated depreciation | ($22,339) | ($21,190) |
| Net property,plant, and equipment | $18,281 | $17,961 |
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The following data (in millions) were adapted from recent annual reports of United Parcel Service, Inc....
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What is the balance of Southwest’s accumulated depreciation
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