A Company Which Uses the MACRS System of Depreciation

A company which uses the MACRS system of depreciation:

A) cannot expense any of the cost of a new asset during the first year of the asset's life.
B) will expense the cost of nonresidential real estate over a period of 7 years.
C) will write off the entire cost of an asset over the asset's class life.
D) can depreciate the cost of land, if it so desires.
E) will have equal depreciation costs each year of an asset's life.