Question: Using the information below, calculate the average total depreciable life of the assets: Information from the Balance Sheet: 2012 2011 Depreciable Assets $600,000 $400,000 Accumulated

Using the information below, calculate the average total depreciable life of the assets:

Information from the Balance Sheet:

2012

2011

Depreciable Assets

$600,000

$400,000

Accumulated Depreciation

(175,000)

(100,000)

Depreciable Assets (Net)

$425,000

$300,000

From the Income Statement

2012

Depreciation Expense

$50,000

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