Question: Which depreciation method would you generally prefer to use for income tax purposes? Why? _____ Units-of-production because it best tracks the asset's use Double-declining-balance because

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

Units-of-production because it best tracks the asset's use

Double-declining-balance because it gives the most total depreciation over the asset's life

Straight-line because it is simplest

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

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