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Information from the Balance Sheet: 2012 2011 Depreciable Assets $600,000 $400,000 Accumulated Depreciation (150,000) (100,000) Depreciable Assets (Net) $450,000 $300,000 From the Income Statement 2012

Information from the Balance Sheet:

2012

2011

Depreciable Assets

$600,000

$400,000

Accumulated Depreciation

(150,000)

(100,000)

Depreciable Assets (Net)

$450,000

$300,000

From the Income Statement

2012

Depreciation Expense

$50,000

9.0 years

10.0 years

8.0 years

7.5 years

what is the useful life of depreciation assets

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