Use these two links to find information below, we are using J.C. PENNEY COMPANY, INC. 10K, Fiscal year ended February 1, 2020 and KOHL'S CORPORATION 10K. Fiscal year ended February 1, 2020

https://docs.google.com/document/d/1n61TVqyOWnJ1iiXauZLMsUGVKSsErAwrFvjsp5pWUGA/edit?usp=sharing

https://docs.google.com/document/d/1TXbo5bwlVLEcYoM4V3HRnqnlPhL6b7RA3Adf8ongAzM/edit?usp=sharing

You may answer the questions for each company separately or comparatively (side-by-side).The answers do not need to be more than a few words or a sentence, but you should indicate the page number where you located the information.

1. Review the property, plant and equipment (PPE) note(s) for both companies.What depreciation method(s) does each company use?How much depreciation has the company reported each of the last three years?Has the company reported any impaired PPE in the last three years?Analyze your percent life used ratio for both companies. Are there differences between the two companies?