Question: Discuss how depreciation is calculated under the straight-line, units-of-production, and double-declining-balance methods. Provide a brief numerical example that would indicate why a company might use

Discuss how depreciation is calculated under the straight-line, units-of-production, and double-declining-balance methods. Provide a brief numerical example that would indicate why a company might use straight-line depreciation for income statement purposes and double-declining-balance depreciation for tax purposes

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