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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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