The 2017 financial statements of Lowell Inc. include the following footnote: Note 4. Property and Equipment 2017 2016 1,000 (290) Gross PPE 1,000 Less accumulated depreciation (380) Net PPE $ 620 Depreciation expense $ 77.5 The average useful life of Lowell's depreciable assets at the end of fiscal 2017 is: 10.98 years $710 $ 90 OA. 11.1 years B. 12.9 years OC. 11.5 years D. E. None of the above The 2017 financial statements of Lowell Inc. include the following footnote: Note 4. Property and Equipment 2017 2016 1,000 (290) Gross PPE 1,000 Less accumulated depreciation (380) Net PPE $ 620 Depreciation expense $ 77.5 The average useful life of Lowell's depreciable assets at the end of fiscal 2017 is: 10.98 years $710 $ 90 OA. 11.1 years B. 12.9 years OC. 11.5 years D. E. None of the above