Presented below is information related to Nash Manufacturing Corporation. Asset (a) A B C DE Cost $44,500 33,900 36,600 19,000 23,100 Estimated Salvage Composite rate $6,300 5,100 4,200 1,500 3,000 Estimated Life (in years) 10 Compute the rate of depreciation per year to be applied to the plant assets under the composite method. (Round answer to 2 decimal place, e.g. 4.83%.)

Presented below is information related to Nash Manufacturing Corporation. (a) Compute the rate of depreciation per year to be applied to the plant assets under the composite method. (Round answer to 2 decimal place, es. 4.83\%) Composite rate %