Which of the following statements is true when the straight-line method is used to compute amortization? Multiple Choice Expense recognizes declines as the asset wears out Accumulated amortization is a constant amount during the asset's estimated useful life. Amortization expense per period is the amortizable cost divided by the number of periods in the asset's useful life. The carrying value of an asset is a constant amount during the asset's useful life. O None of the other alternatives are correct