Question: please solve question 7, and show all calculation, Thank you. 7. The average cost of a company's property and equipment is $200,000, depreciation expense is

please solve question 7, and show all calculation, Thank you.

7. The average cost of a company's property and equipment is $200,000, depreciation expense is $10,000 and accumulated depreciation is $60,000. The average useful life of the company's property and equipment is: a. 20 years b. 6 years c. 3.33 years d. None of the above

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