Using the following comparable sales only, what is the mean of the total economic life extracted from the sales Round to the nearest year vo V VB Bcost Sale 1 Sale 2 Sale 3 $10,780,000 $10,890,000 $9,460,000 $1,650,000 $2,090,000 $1,760,000 $9,130,000 $8,800,000 $7,700,000 $10,505,000 $9,900,000 $8,800,000 ($9,130,000) ($8,800,000) ($7,700,000) $1,375,000 $1,100,000 $1,100,000 13 09 11 11 12 50 11 9 11 Sale Price Land Value Opinion Calculated Building Value Opinion Estimated Building Cost Less Calculated Building Value Op Calculated Depreciation $ Calculated Depreciation Age of Improvement Percent of depreciation per year Implied economic life Sale 4 $9,680,000 $1,870,000 $7,810,000 $8,470,000 ($7,810,000) $660,000 7 79 VB Vdep Vdep 7 Implied Age Dep year 1 19 1 23 1 14 1 11 Using the following comparable sales only, what is the mean of the total economic life extracted from the sales Round to the nearest year vo V VB Bcost Sale 1 Sale 2 Sale 3 $10,780,000 $10,890,000 $9,460,000 $1,650,000 $2,090,000 $1,760,000 $9,130,000 $8,800,000 $7,700,000 $10,505,000 $9,900,000 $8,800,000 ($9,130,000) ($8,800,000) ($7,700,000) $1,375,000 $1,100,000 $1,100,000 13 09 11 11 12 50 11 9 11 Sale Price Land Value Opinion Calculated Building Value Opinion Estimated Building Cost Less Calculated Building Value Op Calculated Depreciation $ Calculated Depreciation Age of Improvement Percent of depreciation per year Implied economic life Sale 4 $9,680,000 $1,870,000 $7,810,000 $8,470,000 ($7,810,000) $660,000 7 79 VB Vdep Vdep 7 Implied Age Dep year 1 19 1 23 1 14 1 11

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Using the following comparable sales only, what is the mean of the total economic life extracted from the sales  Round to the nearest year  vo V VB Bcost Sale 1 Sale 2 Sale 3 $10,780,000 $10,890,000 $9,460,000 $1,650,000 $2,090,000 $1,760,000 $9,130,000 $8,800,000 $7,700,000 $10,505,000 $9,900,000 $8,800,000 ($9,130,000) ($8,800,000) ($7,700,000) $1,375,000 $1,100,000 $1,100,000 13 09  11 11  12 50  11 9 11 Sale Price Land Value Opinion Calculated Building Value Opinion Estimated Building Cost Less Calculated Building Value Op Calculated Depreciation $ Calculated Depreciation   Age of Improvement Percent of depreciation per year Implied economic life Sale 4 $9,680,000 $1,870,000 $7,810,000 $8,470,000 ($7,810,000) $660,000 7 79  VB Vdep Vdep 7 Implied Age Dep   year 1 19  1 23  1 14  1 11  Using the following comparable sales only, what is the mean of the total economic life extracted from the sales  Round to the nearest year  vo V VB Bcost Sale 1 Sale 2 Sale 3 $10,780,000 $10,890,000 $9,460,000 $1,650,000 $2,090,000 $1,760,000 $9,130,000 $8,800,000 $7,700,000 $10,505,000 $9,900,000 $8,800,000 ($9,130,000) ($8,800,000) ($7,700,000) $1,375,000 $1,100,000 $1,100,000 13 09  11 11  12 50  11 9 11 Sale Price Land Value Opinion Calculated Building Value Opinion Estimated Building Cost Less Calculated Building Value Op Calculated Depreciation $ Calculated Depreciation   Age of Improvement Percent of depreciation per year Implied economic life Sale 4 $9,680,000 $1,870,000 $7,810,000 $8,470,000 ($7,810,000) $660,000 7 79  VB Vdep Vdep 7 Implied Age Dep   year 1 19  1 23  1 14  1 11

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Using the following comparable sales only, what is the mean of the total economic life extracted from the sales? Round to the nearest year. vo

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