Declining balance depreciation method of an asset with a cost of $50,000, estimated life of 5 years and estimated salvage value of $10,000

A)Is not allowed under Canadian GAAP

B)Multiplies a constant rate times the net coat(cost less residual value)

C)Results in a smaller depreciation expense in the forst year of depreciation than the straight line method

D)None of the above

E)Results in a larger depreciation expense in the first year of depreciation than ghe straight line method