Everett, Inc - Refer to the Information Provided for Everett, Inc

Everett, Inc.
Information for Everett, Inc. for 2011 and 2010 is presented below. Everett uses the straight-line depreciation method.
$\begin{array}{lll}&\underline{2011}&\underline{2010}\\\text { Fixed assets } & \$ 250,000 & \$ 190,000 \\\text { Accumulated depreciation } & 100,000 & 85,000 \\\text { Depreciation expense } & 62,500 & 47,500 \\\text { Total revenues } & 525,000 & 405,000 \\\text { Total assets } & 625,000 & 475,000\end{array}$
- Refer to the information provided for Everett, Inc. Using the data for 2011, determine the average age of Everett's fixed assets.

A) 1.60 years
B) 3.50 years
C) 4.00 years
D) 10.00 years