given each of the following start-up companies are identical except for the depreciation methods and estimates used, which company would report the higher net income in the first year? multiple choice question. company c used double-declining balance and estimated useful lives of 5 years and $1,000 residual values. company b used straight-line and estimated useful lives of 5 years and $1,000 residual values. company a used straight-line and estimated useful lives of 5 years and $0 residual value.
