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0. A non-current property, plant, and equipment asset is depreciated using the straight-line method. The asset was revalued upwards after four years of use. There is no change in the remaining useful life of six years or to the residual value. Which of the following relationships reflect the effect of the revaluation on the prospective depreciation of the asset?
Same depreciation rate – higher annual depreciation expense;
Same depreciation rate – same annual depreciation expense;
Higher depreciation rate – higher annual depreciation expense;
Higher depreciation rate – same annual depreciation expense;
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