Using the information below, calculate the average total depreciable life of the assets: Information from the Balance Sheet: 2012 2011 Depreciable Assets $2,458,600 $1,985,400 Accumulated Depreciation (1,350,700) (1,046,000) Depreciable Assets (Net) $1,107,900 $939,400 From the Income Statement 2012 Depreciation Expense $384,500

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )