A company acquires an asset that has a cost of $90$ million, a useful life of $3$ years, and zero salvage value. The asset will be abandoned at the

end of $3$ years. The company does not pay dividends. All else being equal, expensing the cost of this asset, instead of capitalizing it$,$ will most

likely result in:

A$.$ higher return on equity at the end of the first year.

B$.$ lower cash from investing activities in the first year.

C$.$ the same retained earnings at the end of the asset's useful life.