Frivolous, Inc., recently purchased an asset that will be very effective in the early years of its useful life, but the effectiveness of which will diminish significantly as maintenance charges increase during the later years of its life. Frivolous determines that a declining balance method of depreciation will be most effective for this asset. Which section of the Accounting Standard Codification Frivolous should consult before applying this method? Enter your response in the answer fields below. Guidance on correctly structuring your response appears above and below the answer fields. Unless specifically requested, your response should not cite implementation guidance. Type the paragraph here. Correctly formatted FASB ASC paragraphs are 1, 2, or 3 digits followed in some cases by 1, 2, 3, or 4 upper case letters. Note: Correct paragraph responses appear in bold font in FASB ASC and do not include subparagraphs denoted by a lower case letter. FASB ASC 360 - 10 - 35 - 22 Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323-740-S25-1, 260-10-60-1A, 715-30-35-95, 820-10-35-16BB, 810-10-55-205AE, 815-10-50-4EEE, and 815-10-50-4EEEE