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(Doints) Which of the following is true about the service life of an asset? (A 27) It is the time an asset will be used by the current owner. It is the time an asset will be used ty all its owners. It is always longer than physical life. It requires the use of a salvage value. Question 20 5 pts (5 points) The Sum-of-the-years-digits method is an example of which of the following types of depreciation? (A 27) Tax depreciation Accelerated depreclation Partial year depreclation Natural resources depletion Question 21 Spts (5 points) Niteroi, Co. purchased production equipment in 2018 for $870,000 and estimated that it wouls lest for 9 yems wich How much. if any, of these costs should be capitalized in 2023? (A 22) $419,000 $374,000 $329,000 $45000