Under the declining-balance depreciation method, salvage value is considered only in computing the amount of depreciation for the final year(s) of an asset's service life.

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Under the declining-balance method, depreciation is calculated without considering the salvage value until the final year(s), where it is taken into account to ensure the asset's book value does not fall below its salvage value.

Under the Declining-Balance Depreciation Method, Salvage Value Is Considered Only