Question: Salvage value is: Not a factor relevant to determining depletion. A factor relevant to amortizing an intangible asset with an indefinite life. An estimate of

Salvage value is:

Not a factor relevant to determining depletion.

A factor relevant to amortizing an intangible asset with an indefinite life.

An estimate of the asset's value at the end of its benefit period.

A factor relevant to determining depreciation under MACRS.

A factor relevant to determining depreciation that cannot be revised during an asset's useful life.

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