Examlex
According to the MACRS tax rate table, the following classes do NOT use straight-line depreciation:
Straight-Line Depreciation
Straight-line depreciation is a method of allocating the cost of an asset evenly across its useful life.
Residual Value
The estimated value that an asset will realize upon its disposal at the end of its useful life.
Depreciation Adjustment
A financial accounting process that allocates the cost of a tangible asset over its useful life to account for the decline in its value.
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