When the straight-line method is used to compute amortization,an asset's carrying value remains constant over the life of the asset.
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When the straight-line method is used to compute amortization, the asset's carrying value decreases over the life of the asset as equal amounts of the asset's cost are allocated to each period. This results in a gradual decrease in the asset's carrying value until it reaches its salvage value at the end of its useful life.

When the Straight-Line Method Is Used to Compute Amortization,an Asset's