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The 2011 financial statements for Leggett & Platt, Inc., report the following information: Year ended December 31,20112010 (in millions) Depreciation expense$ 98.1$ 103.0 Property and

The 2011 financial statements for Leggett & Platt, Inc., report the following information:

Year ended December 31,20112010

(in millions)

Depreciation expense$ 98.1$ 103.0

Property and equipment, net580.6624.2

Land45.248.5

Accumulated depreciation1,193.21,173.9

Which of the following estimates the property and equipments percent-used-up at December 31, 2011?

A)69%

B)49%

C)20%

D)32%

E)None of the above

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