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As in question 12, the 2019 financial statements for Bed Infinity, Inc., report the following information: Year ended December 31, (In millions) 2019 2018 Depreciation

As in question 12, the 2019 financial statements for Bed Infinity, Inc., report the following information:

Year ended December 31,

(In millions)

2019

2018

Depreciation expense

$68.0

$62.5

Property and equipment, net

450.5

440.5

Land

40.5

40.0

Accumulated depreciation

1,400.5

1,355.5

Which of the following estimates the property and equipments percent-used-up as of December 31, 2019? Ignore any salvage value.

Question 13 options:

A)

77.4%

B)

69.8%

C)

59.2%

D)

74.0%

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