Which of the following statements is correct when the straight-line method is used to compute depreciation?
A. Accumulated depreciation is a constant amount during the asset's estimated useful life.
B. The book value of an asset is an increasing amount during the asset's useful life.
C. The carrying value of an asset is a constant amount during the asset's useful life.
D. Depreciation Expense is a constant amount each year.
Answer: D
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