Tanya purchased some research equipment, and her company expensed these costs immediately. Larry also purchased some research equipment, but his company capitalized and amortized the cost of the equipment. What is the difference between Tanya's situation and Larry's situation? Select answer from the options below Tanya's equipment will be used for several current projects that span multiple years, whereas Larry's equipment will be used for both current and future projects. Tanya's equipment will only be used for one project, whereas Larry's equipment will be used for both current and future projects. Tanya's equipment will be used for both current and future projects, whereas Larry's equipment will only be used for one project. Tanya's equipment will be used for both current and future projects, whereas Larry's equipment will be used for several current projects that will be completed by the end of the year.

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