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In which of the following situations is the units-of-production method of depreciation most appropriate? An assets service potential declines with use. An assets service potential

In which of the following situations is the units-of-production method of depreciation most appropriate?

  1. An assets service potential declines with use.
  2. An assets service potential declines with the passage of time.
  3. An asset is subject to rapid obsolescence.
  4. An asset incurs increasing repairs and maintenance with use.

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