a. 12. One of the issues that have been subject of confusion is depreciation. What does your text define as depreciation? As: A measure of the decline of the market value of a fixed asset b. A process for the provision of cash for the replacement of fixed asset as it wears out C. An allocation of a fixed asset's cost to expense over the asset's useful life d. A kind of sinking fund to salt away a replacement fund None of the above. e. 13. There are three methods of depreciation - Straight-line method, Units-of-Activity method, and Double-Declining Balance method. a. Which of them is described as Accelerated Depreciation method? I b. Why? Explain 3 14. A machine costing $185,000 with a five-year life and $20,000 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining balance method. Show your work