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The controller of Elton Furniture Store is currently trying to decide what depreciation method to use for a particular fixed asset. The controller has prepared

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The controller of Elton Furniture Store is currently trying to decide what depreciation method to use for a particular fixed asset. The controller has prepared the following list of possible objectives that might be accomplished through a depreciation method. Which method(s): a. most closely matches the asset's cost with the benefits resulting from the asset's use? b. allocates the cost of the asset over the asset's useful life? c. generates the largest net income in the last year of the asset's useful life? d. does not directly use the asset's salvage value in computing the depreciation expense? e. is best for tax purposes (i.e., minimizes the present value of future tax payments)? f. recognizes an equal charge to expense every period? g. generates the largest depreciation expense in the asset's last year? h. does not allow the asset's book value to drop below the asset's salvage value? Consider each objective independently, and indicate the depreciation method(s) that achieve each obiective

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