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Fixed Asset Classes and Estimated Lives

Class Description Estimated Life (Years)
0 Land 0
1 Land Improvements 20
2 Buildings 50
3 Building Services and Improvements 20
4 Fixed Equipment and Machinery (including Computer Mainframe Equipment) 10
5 Office Equipment, Movable Equipment and Machinery 8
6 PC/Apple Computer and LAN Equipment and Software 5
7 Leased Computer Equipment and Software 3
8 Motor Vehicles 4
9 Furniture and Fixtures 10
10 Library Books 30
11 Artwork 0