Question: Which depreciation method would you generally prefer to use for income tax purposes? Why? a. Double-declining-balance because it gives the most total depreciation over the

Which depreciation method would you generally prefer to use for income tax purposes? Why?

a. Double-declining-balance because it gives the most total depreciation over the assets life

b. Straight-line because it is simplest

c. Double-declining-balance because it gives the fastest tax deductions for depreciation

d. Units-of-production because it best tracks the assets use

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