The conservation of energy always holds true even when not clearly observable in machines that are less than 100% efficient. More often than not a machine will suffer energy losses (e.g. consider for a cooling fan: friction between the rotating blades, drag resistance in the air the fan is pushing around, resistance in the wire, and heat radiating/conducting away from the circuitry).
She does work from the moment she touches the book until she lets it go. Work is anything that requires energy. Therefore, she is working as she picks up the book, carries it, and when she is lifting it onto the shelf.
I will answer both versions assuming what you want to know is the distance it travels up from and over the ground. and how long until it reaches space. 540 meters per second up and over. to reach space which is 100km above sea level, it would take about 5400 minutes
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