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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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