The 2015 financial statements of Willamette Valley Vineyards include the following footnote:

2015

2014

Land

8,661,567

4,119,116

Winery building and hospitality center

7,378,516

6,795,799

Equipment

7,162,200

6,299,500

23,202,283

17,214,415

Less accumulated depreciation

(9,543,193)

(8,908,779)

$ 13,659,090

$8,305,636

Revenues

25,000,000

22,000,000

Depreciation expense

$ 669,781

$ 646,333

Calculate the property, plant and equipment turnover for 2015

b. Estimate the useful life on average for Willamette’s depreciable assets at the end of fiscal 2015.

c. Estimate the property and equipment’s percent-used-up at the end of fiscal 2015