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...

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. Current Year Preceding Year Land and buildings $ 426,322,000 $ 418,928,000 Machinery and equipment 1,051,861,000 1,038,323,000 Accumulated depreciation 633,178,000 582,941,000 a. Compute the book value of the fixed assets for the current year and the preceding year and explain the differences, if any. b. Would you normally expect the book value of fixed assets to increase or decrease during the year?