93. Which method of depreciation spreads the asset's depreciable cost evenly over the asset's estimated useful life? a. Production method b. Straight-line method c. Depletion method d. Declining balance method 94. Which of the following is not classified as a natural resource? a. Oil well b. Gas reserve c. Timberiand d. Goodwill 95. Failure to record a liability will probably: a. have no effect on net income. b. result in overstated net income. c. result in overstated total liabilities and owner's equity. d. result in understated net income. 96. Which of the following statements 15 false? a. Aliability is generally valued at the amount of money needed to pay the debt or reported at the fair market value of the goods or services to be delivered. b. Allability can be classified as either current or long-term. c. Disclosures in the notes to the financial statements are typically required formost liabilitieh. d. Allability is recorded when an obligation is paid