The following are recent excerpts from the financial statements of Sirius Satellite Radio Inc., a company delivering national satellite audio entertainment services:

a. Estimate the average useful lives of depreciable property and equipment, assuming straight-line depreciation and no residual value. Round to the nearest year.
b. Estimate the percent of remaining life of depreciable property and equipment, assuming straight-line depreciation and no residual value. Round to one decimal place.
c. Sirius reports no amortization expense associated with the FCC (Federal Communication Commission) license. Why isthis?

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Balance Sheet-Property, Equipment, and Intangible Assets Satellite system Terrestrial repeater network Broadcast studio equipment Furniture and fixtures Other Construction in progress (in millions) 945.5 72.0 28.9 41.3 69.9 4.7 $1,162.3 (281.0) S 881.3 83.7 965.0 $95.4 Property and equipment, gross Property and equipment, net Total property, equipment, and intangible assets Accumulated depreciation FCC license Depreciation Expense Income Statement