The Following Schedule Was Taken Out of the Inventory Records

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