View Policies Current Attempt in Progress Presented below is information related to LeBron James Manufacturing Corporation. Ashet Cost Estimated Salvage Estimated Life (in years) A $40,500 $5,500 10 B 33,600 4.800 9 36,000 3,600 9 D 19.000 1,500 7 E 23.500 2.500 6 (a) Compute the rate of depreciation per year to be applied to the plant assets under the composite method. (Round answer to 2 decimal place, e.g. 4.83%.) % Composite rate D 19.000 1,500 7 E 23,500 2,500 (a) Compute the rate of depreciation per year to be applied to the plant assets under the composite method. (Round answer to 2 decimal place, eg. 4.83%.) Composite rate % e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit