On January 1, 2015, the Wintergreen Co. acquired three assets that it intends to combine into a single account and depreciate using the composite depreciation straight-line) method. The assets have the following characteristics: 
Required:
a. Determine the composite rate for depreciation of these assets.
b. Why did Wintergreen Co. use a composite rate than a group depreciation rate?
Definitions:
Time
The indefinite continued progress of existence and events in the past, present, and future regarded as a whole.
Condition
A specific requirement or stipulation that affects or determines the outcome or validity of a legal agreement.
Sum Certain
A fixed or determined amount of money specified in a legal document that is not subject to any conditions or contingencies.
Negotiable
Capable of being transferred or modified through discussion or upon reaching an agreement.
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