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Which of the following statements is true? Select one: a. Estimated residual value is not used when calculating double-declining depreciation. b. The annual amount of

Which of the following statements is true?

Select one:

a. Estimated residual value is not used when calculating double-declining depreciation.

b. The annual amount of depreciation is the same for straight line, double declining, and units of production methods of depreciation.

c. When calculating straight line depreciation, salvage value is ignored.

d. Cost is equal to residual value when using the units of production method for depreciation.

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