Which of the following statements about MACRS is not correct? Select one: a. Most businesses would benefit from using MACRS rather than straight-line depreciation in their income tax returns b.MACRS is the only accelerated depreciation method that may be used on newly acquired assets for federal income tax purposes. The method permits "depreciating" the asset to a tax basis of $0 over a specified recovery period d.If a company uses MACRS in its income tax returns, it also must use MACRS in its financial statements.