Average life and average age of fixed assets: ...
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Accounting
| Average life and average age of fixed assets: | ||||||||||||
| Cost of fixed assets, current year | $ 1,132,087 | * | ||||||||||
| Divided by depreciation expense, current year | ||||||||||||
| Average useful life of fixed assets | years | |||||||||||
| Accumulated depreciation, current year | $ 198,088 | |||||||||||
| Depreciation expense, current year | 31,800 | |||||||||||
| Average age of fixed assets | 6.20 | years | ||||||||||
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