11. On January 1, Year 1, Dinwiddie Company purchased a car that cost $45,000. The car has an expected useful life of 5 years and a $10,000 salvage value. Which of the following statements is true? A. The total amount of depreciation expense recognized over the five-year useful life will be greater under the double-declining-balance method than the straight-line method. B. The amount of depreciation expense recognized in Year 4 would be greater if Dinwiddie depreciates the car under the straight-line method than if the double-declining-balance method is used. C. At the end of Year 2, the amount in accumulated depreciation account will be less if the double-declining-balance method is used than it would be if the straight-line method is used. D. None of these statements is true. 12. Issuing a note payable is a(n) A. claims exchange transaction. B. asset source transaction. C. asset use transaction. D. asset exchange transaction.