Match the straight-line depreciation term to the respective definition.
1. Cost
2. Depreciation Expense for the Year
3. Residual Value
4. Useful Life
A. The amount paid for the asset.
B. The asset's estimated usefulness in years.
C. The salvage value of the asset at the end of its useful life.
D. The cost less residual value of an asset allocation equally over its useful life.
