The Home Depot financial statements and related material appear in Appendix A at the end of this textbook. Use these to answer the following questions and indicate where in the financial statements you found the information. 

a. What depreciation method does Home Depot use for buildings, furniture, fixtures, and equipment? What are the useful lives over which these assets are depreciated? 

b. From the accounting policy note to Home Depot’s financial statements, what can you learn about the company’s policy regarding impairment of plant assets? 

c. Locate Home Depot’s 2018 balance sheet and find in the asset section the item for net property and equipment. Note 3 of the financial statements (not included in Appendix A) indicates plant assets consist primarily of land, building, and furniture, fixtures, and equipment. As of February 3, 2019, the cost of these assets totaled $42,939 million and accumulated depreciation was $20,564 million. Of the total cost, land made up $8,363 million. Are Home Depot’s plant assets, as a whole, near the beginning or end of their estimated useful lives? Explain your answer.