Using the Information Below Calculate the Average Total Depreciable Life $\text { Information from the Balance Sheet: }$

question 98

Multiple Choice

Using the information below calculate the average total depreciable life of the assets: $\text { Information from the Balance Sheet: }$

$\begin{array}{llll}&2012&2011\\\text { Depreciable Assets } & \$ 2,458,600 & \$ 1,985,400\\\text { Accumulated Depreciation } &\underline{(1,350,700) }&\underline{(1,046,000) }\\ \text { Depreciable Assets(Net) } & \$1,107,900& \$939,400\end{array}$ $\begin{array}{llcc} \text {From the Income Statement } &2012 \\ \text { Depreciation Expense } &\$384,500\\\end{array}$

• A) 5.8 years
• B) 10 years
• C) 2.9 years
• D) 5.3 years

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Definitions:

Anagenesis

Evolutionary change within a single lineage over time, leading to the emergence of new species.

Bulky Body

Describes a physical build or structure that is large, heavy, and often muscular, typically meant to imply strength or power.

Surface Area

a measure of the total area that the surface of an object occupies, often relevant in fields like biology, chemistry, and geography.

Karyotype

The array of chromosomes found inside a single cell.