straight-line basis Phoebe bought a laptop computer for her business. It cost 2,000 on 1 January 20X1 and is expected to have a useful life of 3 years, and a residual value of 50. If the computer is depreciated on the straight-line basis, which of the following statements is NOT true? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a The net book value of the computer after 3 years (at 31 December 20X3) will be 50. b The income statement charge for computer depreciation in the year ended 31 December 20X2 will be 1,300. C The net book value of the computer at 31 December 20X1 will be 1,350. d The annual depreciation charge will be 650