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A schedule of machinery owned by Vaughn Manufacturing is presented below: Estimated Estimated Total Cost Salvage Value Life in Years Machine X $610000 $36000 14

A schedule of machinery owned by Vaughn Manufacturing is presented below: Estimated Estimated Total Cost Salvage Value Life in Years Machine X $610000 $36000 14 Machine Y 790000 102000 10 Machine Z 380000 122000 6 Vaughn computes depreciation by the composite method. The composite life (in years) for these assets is 8.5. 8.8. 9.9. 15.5.

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