CP8-4 (Static) Using Financial Reports: Analyzing the Age of Assets LO8-3 As stated in its recent annual report, "Sysco Corporation... Is the largest global distributor of food and related products primarily to the foodservice or food-away-from home industry. We provide products and related services to over 500,000 customer locations. including restaurants, healthcare and educational facilities, lodging estabilishments and other foodservice customers." A note in a recent annual report for Sysco contained the following information: Depreciation expense (in thousands of dollars) charged to operations was $493,800 in the current year. Depreciation generally is computed using the straight-line method for financial reporting purposes. Required: 1. What is your best estimate of the average expected life for Sysco's depreciable assets? (Round your answer to 1 decimal place.)