The MACRS Allows Depreciable Assets to Have

The MACRS allows depreciable assets to have

A) longer lives than economic lives resulting in higher income taxes in the early years of an asset's life than the straight-line method.
B) longer lives than economic lives resulting in lower income taxes in the early years of an asset's life than the straight-line method.
C) shorter lives than economic lives resulting in higher income taxes in the early years of an asset's life than the straight-line method.
D) shorter lives than economic lives resulting in lower income taxes in the early years of an asset's life than the straight-line method.
E) useful lives equivalent to economic lives.