The Annual Straight-Line Depreciation Charge on an Asset Is Calculated

The annual straight-line depreciation charge on an asset is calculated as follows:

A) Original cost less residual value, divided by the estimated useful life of the asset.
B) Original cost less estimated useful life of the asset, divided by residual value.
C) Original cost plus residual value, divided by the estimated useful life of the asset.
D) Residual value less estimated useful life, divided by original cost.