An entity would maximise its depreciation expense in the first year of owning an asset if it used:
(a) A low estimated life, a high residual value, and straight-line depreciation.
(b) A high estimated life, a low residual value, and diminishing-balance depreciation.
(c) A high estimated life, a high residual value, and straight-line depreciation.
(d) A low estimated life, a low residual value, and diminishing-balance depreciation.