1a Which depreciation method will create a lower net income for the business in the early years of an asset (over the life of an asset)?

Group of answer choices

Straight-Line Method

Double-Declining Method

No Difference

1b A business that creates plastic cups needs your help classifying its expenses. Which of the below items would be classified as an operating expense?

Group of answer choices

Loss on the Sale of Land

Utilities Expense

Dividend Expense

Interest Expense