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Question :
Which depreciation method would result in the highest amount of income tax expense being paid in the first year of an asset's useful life? My answer is A) Straight-line, but I am not so sure it's right; please give detail explanation for me.
A) straight-line
B) sum-of-the-years'-digits
C) double-declining balance
D) either (b) or (c) depending on the cost of the asset
E) all depreciation methods would report the same amount of income tax expense
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