Under MACRS, which of the following classes uses the straight-line method?

A) 10-year property
B) 15-year property
C) 27.5-year property
D) All of the above are correct.

Straight-line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of an asset.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation in the U.S. that allows businesses to recover investments in certain property through annual deductions.

Property

Physical or intangible assets owned by an individual or business, including land, buildings, and intellectual property.