Audit of Disposal of Assets \# of Assets Disposed 62 Total Loss on Disposal ($6.1M) Gain/Loss as a \% of Net Book Value Ssets with Gain/Loss in Excess of ssets with Gain/Loss in Excess of Based on the results of the analysis, what conclusion can you make on the appropriateness of the useful lives and estimated salvage values of the assets sold? Only assets where the loss is greater than 15% should have the useful lives and estimated salvage values reviewed. Since 45 of 62 assets had a gain or loss within 15% of the net book value, the useful lives and estimated salvage values are appropriate and do not need to be reviewed. Only assets where the gain is greater than 15% should have the useful lives and estimated salvage values reviewed. Since 17 of 62 assets had a gain or loss greater than 15% of net book value, the useful lives and estimated salvage values should be reviewed