Question 3. Total Marks Available-4 Please match items A to E below with the statements presented. A. Straight-line B. Units-of-activity C. D. Capital cost allowance E. None of these Double-declining-balance STATEMENTS . results in the measurement of the asset at its fair market value 2. the simplest method to apply 3. produces decreasing amounts of depreciation each year 4. appropriate when related assets generate revenue 5. required for Canadian tax purposes 6. provides the largest annual depreciation expense for financial reporting in the related as e revenue evenly over their useful lives first year 7. residual value is not used in annual depreciation expense calculation 8. annual depreciation is calculated using a per-unit cost