Papa John's International is a major pizza chain with about 3,500 pizzerias across the United States and in many other countries, including 35 restaurants in Canada. A note to a recent annual report for Papa John's International contained the following information (in thousands of dollars):

Depreciation and amortization expense (in thousands of dollars) charged to operations was \(\$ 32,756\) in the current year and \(\$ 32,846\) in the previous year. Depreciation generally is computed by using the straight-line method for financial reporting purposes.
Required:
1. What is your best estimate of the average expected life for Papa John's depreciable assets?
2. What is your best estimate of the average age of Papa John's depreciable assets?

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Current Year $ 32,876 83,765 Previous Year $ 31,450 79,586 Lard Buildings and improvements Leasehold improvements Equipment and other Construction in progress Less accumulated depreciation and amortization Next property and equipment Source: Papa John's International Annual Report 2009, Form 10-K. 89,272 82,319 199,993 190,913 6,331 3,812 412,237 (217,995) 388,080 (198,088) $194,242 $189,992