The straight-line depreciation method assumes an approximately equal decline in the economic usefulness of the asset each period and provides greater tax beneﬁts early in the useful life of the asset.

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The straight-line depreciation method spreads the cost evenly over the useful life of the asset, but it does not provide greater tax benefits early in the asset's life. Accelerated depreciation methods, like declining balance, offer greater tax benefits early on.

The Straight-Line Depreciation Method Assumes an Approximately Equal Decline in the Economic