Financial information for American Eagle is presented in Appendix A$.$

Required:

$1-$a$.$ The summary of significant accounting policies is located in note $2$ to the financial statements. Locate the section on property and equipment. What depreciation method does American Eagle use?

$1-$b$.$ What are the estimated useful lives for buildings and for fixtures and equipment?

$2-$a$.$ Find note $8$ for Property and Equipment. What are the cost and the book value of property and equipment for the most recent year?

$2-$b$.$ What is the trend in depreciation expense for the past $3$ years?

$3-$a$.$ Find note $9$ for Intangible Assets. What intangible asset is listed?

$3-$b$.$ What are listed as the cost and the book value of intangible assets for the most recent year?

$3-$c$.$ What is the trend in amortization expense for the past $3$ years?

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what depreciation method does american eagle use,$$