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Net income is __________________ if, in the first year, estimated salvage value is excluded from the depreciation computation when using the ________________ . Multiple Choice
Net income is __________________ if, in the first year, estimated salvage value is excluded from the depreciation computation when using the ________________ .
Multiple Choice
a)understated; units of production method
b)understated; double-declining balance method
c)overstated; straight-line method
d)overstated; sum-of-the-years' digits method
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