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whats the composite rate and life? schedule of machinery owned by Mazen Co. is presented below: Estimated Total Cost Salvage Value Machine X $500,000 $50,000

image text in transcribedwhats the composite rate and life?
schedule of machinery owned by Mazen Co. is presented below: Estimated Total Cost Salvage Value Machine X $500,000 $50,000 Machine Y 800,000 80,000 Machine Z 300,000 60,000 Mazen computes depreciation by the composite method. Estimated Life in Years 14 10 6

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