Based on your industry of focus in the business. Choose three fixed assets that are commonly used in that industry and with some research determine:

Asset cost this includes all items necessary to get the asset ready for its intended use

Residual Value

Useful Life

Based on your findings calculate the annual depreciation of these assets using the straight-line method.

Your grade will be based on how thorough and detailed your research was on the subject area. You will also be graded on accuracy of the calculations presented. You are encouraged to use Library databases, financial statements, annual reports and/or recent company articles to support your research. Do not use random Internet sources like Wiki.