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Question 11 (1 point) Which of the following is true? a) Total depreciation over the life of a piece of equipment will differ depending on which depreciation method is used. b) Equipment purchased under a finance lease is recorded as a depreciable asset and depreciated. c) An impairment loss is calculated by deducting the carrying amount of an asset from its recoverable amount. d) The straight-line method of depreciation results in an equal amount of pre-tax cash flow for each year of a depreciable asset's life while the diminishing- balance method results in a higher pre-tax cash flow in the early years of the asset's life