Question 27 1 pts Which of the following statements regarding depreciation is incorrect? When filing for corporate taxes, companies prefer to use the depreciation method that allows them to deduct equal amount of depreciation each period. Under the accelerated method, the IRS allows an asset to be fully depreciated to a zero book value. O When selling a partially depreciated asset, a firm is only responsible for taxes on the sale price minus the un-depreciated book value O The straight line method is preferred when reporting financial income to shareholders. Question 26 1 pts Which of the following are considered relevant cash flows in the analysis of a project? III: negative side effects IV: T: sunk costs II: opportunity costs financing costs V: taxes O II and IV II, III and v I and II II and III O III and IV