Willamette Vineyards Property & Equipment Note 4. Property and Equipment December 31, 2016 $449 409 Construction in progress Land 8,063,716 17,099,081 Winery buildings and hospitality center Equipment 10,122,593 Total 35.734.799 (12,897,082) Less: accumulated depreciation Total (after accumulated depreciation) Depreciation expense 22,837.717 1.254,455 The average useful life of Willamette's depreciable assets at the end of fiscal 2016 is: 142 years 19.6 years 2.4 years 0 217 years None of the above