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A schedule of machinery owned by Bramble Corp. is presented below: Estimated Estimated Total Cost Salvage Value Life in Years Machine X $580000 $41000 14

A schedule of machinery owned by Bramble Corp. is presented below:

Estimated

Estimated

Total Cost

Salvage Value

Life in Years

Machine X

$580000

$41000

14

Machine Y

792000

78000

10

Machine Z

283000

58000

6

Bramble computes depreciation by the composite method. The composite rate of depreciation (in percent) for these assets is

8.91.

13.62.

10.11.

8.51.

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