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Carnas EX COD Question 37 Which depreciation method usually produces the highest amount of depreciation expense in the first year? Straight-line Units-of-production Double-declining balance All produce the same in the first year Question 38 All of the following we characteristics of plant assets except Tangible Long lived Held for investment Used In operations of business Question 39 The process of allocating an intangible asset's cost to expense over the period the asset is used is called: Depletion Depreciation Amortization Direct Write off Question 40 on January 1 Year 1. Flora's Flower Shop purchased debery vas for $20.000. The estimated reture of the van is 5 years or 100.000 miles and the saleval etat Sa Actualmenge driven was 15.000 miesi Ye 1 and 20.000 fer 2 Amig Fins Fower Shop set the streethod, the book of welivery the December 31 Year 2 balance sheet