On January 1, Year 1, Dinwiddie Company purchased a car that cost $45,000. The car had an expected useful life of 6 years and a $10,000 salvage value. Based on this information alone:

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In Year 4, the 4^th year of the car's 6-year useful life, straight-line depreciation will produce greater depreciation expense. Double-declining-balance recognizes greater depreciation expense in the asset's early life, and lower depreciation expense in the asset's later life. The 4^th of 6 years is the later life.

On January 1, Year 1, Dinwiddie Company Purchased a Car