Using the information below calculate the average total depreciable life of the assets: $$\begin{array}{l}
\text { Infarmaton fram the Balance Shet: }\
\begin{array} { l l l }
& \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \
\text { Depreciable As5ets } & \$ 2,458,600 & \$ 1,985,400 \
\text { Accumulated Depreciation } & ( 1,350,700 ) & ( 1,046,000 ) \
\text { Depreciable A55ets (Net) } & \$ 1,107,900 & \$ 939,400
\end{array}
\end{array}$$

Question

Using the information below calculate the average total depreciable life of the assets: $$\begin{array}{l}
\text { Infarmaton fram the Balance Shet: }\
\begin{array} { l l l } 
& \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \
\text { Depreciable As5ets } & \$ 2,458,600 & \$ 1,985,400 \
\text { Accumulated Depreciation } & ( 1,350,700 ) & ( 1,046,000 ) \
\text { Depreciable A55ets (Net) } & \$ 1,107,900 & \$ 939,400
\end{array}
\end{array}$$

Quizplus · Accepted Answer

[($2,458,600 + $1,985,400)/2] / 384,500 = 5.8

Using the Information Below Calculate the Average Total Depreciable Life