A firm is considering purchasing two assets. Asset L will have a useful life of 20 years and cost $5 million; it will have installation costs of $1 million. Asset S will have a useful life of 8 years and cost $2 million; it will have installation costs of $500,000. Which asset will have a greater annual straight-line depreciation? 1) Asset S has $12,500 more in depreciation per year. O2) They have the same depreciation a year. 3) Asset S has $37,500 more in depreciation per year. O4) Asset L has $12,500 more in depreciation per year