Wiid company purchased an asset. Wild used the Modified Accelerated Cost Recovery System (MACRS) to depreciate the asset for tax reporting purposes and the straighit-line depreciation method for financial reporting purposes. Ali other things being equal, in the carly years of the asset's life the'amiount of income shown Nuipe choice on the tax refuen wa be highes than the amoumt of income shown on the incme statement. on dhe tax retum wa be same as the dmount of ancoreg shown on tje mosme staternent. on the tax return will be higher than the amount of income shown on the income statement. on the tax return will be lower than the amount of income shown on the income statement. on the tax return will be same as the amount of income shown on the income statement. on the tax return will not be affected by depreciation expense