Under the modified accelerated cost recovery system, the cost of an asset is recovered: a. Over a time period that generally is shorter than the economic life of the asset. b. Over an amount that generally is lower than the historical cost of the asset. c. Over a time period equal to 90% of the economic life of the asset. d. Over a time period that generally is longer than the economic life of the asset. e. Over an amount that generally is higher than the historical cost of the asset.