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The Following Schedule Was Taken Out of the Inventory Records

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The following schedule was taken out of the inventory records for the Happy Dog Company
 The following schedule was taken out of the inventory records for the Happy Dog Company    -The following information is available from Sheldon Corp.:   \begin{array}{l} \text { Infarmaton fram the Balance Shet: }\\ \begin{array} { l l l }  & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \\ \text { Depreciable As5ets } & \$ 2,458,600 & \$ 1,985,400 \\ \text { Accumulated Depreciation } & ( 1,350,700 ) & ( 1,046,000 ) \\ \text { Depreciable A55ets (Net) } & \$ 1,107,900 & \$ 939,400 \end{array} \end{array}       Use the information above to calculate the following: a.Average age of the depreciable assets b.Average remaining useful life of the depreciable assets
-The following information is available from Sheldon Corp.:
 Infarmaton fram the Balance Shet: 20122011 Depreciable As5ets $2,458,600$1,985,400 Accumulated Depreciation (1,350,700)(1,046,000) Depreciable A55ets (Net) $1,107,900$939,400\begin{array}{l}\text { Infarmaton fram the Balance Shet: }\\\begin{array} { l l l } & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \\\text { Depreciable As5ets } & \$ 2,458,600 & \$ 1,985,400 \\\text { Accumulated Depreciation } & ( 1,350,700 ) & ( 1,046,000 ) \\\text { Depreciable A55ets (Net) } & \$ 1,107,900 & \$ 939,400\end{array}\end{array}
 The following schedule was taken out of the inventory records for the Happy Dog Company    -The following information is available from Sheldon Corp.:   \begin{array}{l} \text { Infarmaton fram the Balance Shet: }\\ \begin{array} { l l l }  & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \\ \text { Depreciable As5ets } & \$ 2,458,600 & \$ 1,985,400 \\ \text { Accumulated Depreciation } & ( 1,350,700 ) & ( 1,046,000 ) \\ \text { Depreciable A55ets (Net) } & \$ 1,107,900 & \$ 939,400 \end{array} \end{array}       Use the information above to calculate the following: a.Average age of the depreciable assets b.Average remaining useful life of the depreciable assets
Use the information above to calculate the following: a.Average age of the depreciable assets
b.Average remaining useful life of the depreciable assets


Definitions:

Future Generations

Refers to the people who will live in the future, highlighting the importance of sustainable practices to not compromise their needs.

Sustainability

The use of resources to enable society to satisfy current needs, without compromising the ability of future generations to meet their needs.

Resources

Assets, materials, or other items of value that are available to an individual or organization to achieve goals or carry out activities.

Zero Emissions

Occur when carbon or polluting emissions are reduced and/or offset so that there is no net addition of emissions that are harmful to the environment or climate, usually by the emitting source.

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