Assume that a company currently depreciates its fixed assets over 7 years. Which of the following would occur if a tax law change forced the company to depreciate its fixed assets over 5 years instead?

Question 4 options:

	The company's tax payment would increase.
	The company's cash position would increase
	The company's net income would increase.
	Answers a and c are correct.
	Answers b and c are correct.
	none of the above