1. All of these are major characteristics of a PPE.

2. None of these
3. Fair value and incidental costs incurred
4. Sum-of-the-years digit
5. 7,920,000
6. All of the above
7. Assets are more efficient in early years and initially generate
more revenue.
8. 15,000
9. 155,000
10. 917,500
11. First Year:Higher Second Year:Lower