In 2021, Rodgers performed a major addition to a piece of its equipment. This work should have been capitalized but instead was expensed immediately. Which of the following is a consequence of this error?

a.) Depreciation expense in 2021 is overstated.

b.) assets in 2021 are overstated

c.) income in future years is overstated

d.) income for 2021 is overstated