CALCULATOR MESSAGE MY Brief Exercise 11-6 Concord Inc. owns the following assets. Asset A Cost $71,000 51,500 90,200 Salvage $7,100 5,150 4,000 Estimated Useful Life 10 years 5 years 12 years Compute the composite depreciation rate and the composite life of Concord's assets. (Round answers to I decimal places 1.89 or 18 years) Composite depreciation rate Composite Question All