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Sunland Inc. owns the following assets. Asset Cost Salvage Estimated Useful Life A $71,300 $7,130 10 years B 52,000 5,200 5 years C 92,660 4,520

Sunland Inc. owns the following assets.

Asset

Cost

Salvage

Estimated Useful Life
A $71,300 $7,130 10 years
B 52,000 5,200 5 years
C 92,660 4,520 12 years

Compute the composite depreciation rate and the composite life of Sunlands assets

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