Which of the following statements regarding depreciation is correct?

When filing for corporate taxes, companies prefer to use the depreciation method that allows them to deduct equal amount of depreciation each period.

When selling a partially depreciated asset, a firm is responsible for taxes on the sale price regardless whether the asset is fully depreciated or not.

Thrye acceleration method is preferred when reporting financial income to shareholders.

Depreciation is relevant for estimation of project cash flows, and these include both Operating Cash Flow and Net Capital Spending.