Computing Composite Depreciation

Taser Company owns the following assets acquired on January $1$ of the current year.

Residual Estimated

Asset Cost Value Useful Life

A $$168,000$ $$2,80010$ years

B $42,000-5$ years

C $196,0005,6008$ years

a$.$ Compute the composite annual depreciation rate.

b$.$ Compute the composite group useful life.

Measure Numerator $/$ Denominator $=$ Result

a$.$ Composite annual depreciation rate Answer

$/$ Answer

$406,000$

$=$

$0$

b$.$ Composit group life $($in years$)$ Answer

$/$ Answer

$=$

c$.$ Compute composite depreciation expense for the year.

$$ Note: Use the result$($s$)$ listed above EXACTLY as displayed in your calculations below.

Composite depreciation expense: $Answer