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Which of the following statements is correct? Select one: a. The straight-line method of depreciation assigns a fixed amount of depreciation to each unit of output produced by an asset b. The double-declining balance method of de seciation computes annual depreciation by multiplying the asset's increasing book value by a constant percent that is two times the straight- line rate c. The double-declining balance method of depreciation computes annual depreciation by multiplying the asset's decreasing book value by the straight-line rate d. Accelerated depreciation differs from straight line depreciation in that depreciation expense is greater in the first year and less in the later years Next page 30C Suni | | | K