Mountaintop Inc. purchased an asset at the beginning of its fiscal year and chose to use the straight-line method of depreciation rather than an accelerated depreciation method. Which of the following is correct? The accumulated depreciation account will be lower at the end of the first year if the straight-line method is used. ONet income will be higher in the first year if the accelerated depreciation method is used. O The book value of the asset will be higher in the first year under the accelerated method than under the straight-line method. O The book value will remain the same, regardless of the depreciation method used.