1. (45 Points) The balance sheets for Kraft Heinz appears below. The firm paid dividends of $1,960 to its shareholders during the fiscal year covered by the balance sheet. The Long Term Investment account represents ownership shares in start up vegan and vegetarian food companies. Kraft Heinz Balance Sheet for the Year Ended June 30, 2020 2021 2021 2020 $784 $1,967 $2,850 $3,417 $2,063 $2,554 Cash Acc Rec Inventory Gross PPE Less Acc. Dep. Net PPE Long Term Investments AccPay & Accr Debt Common Stock Less Treas. Stock $6,443 $24,520 $45,108 ($3,396) $5,608 $28,916 $45,108 ($752) $11,797 ($4,491) $11,001 ($3,563) $7,306 $78,135 $91,042 $7,438 $81,570 $97,042 Ret Earn $18,367 $91,042 $18,162 $97,042 g. Five point bonus: In most finance classes professors tell students that Depreciation Expense shows up the way it does on a Cash Flow Statement because it is a non-cash expense. We spent a good deal of time on the rules of creating a cash flow statement. If you understand the rules well you know that the explanation in the first sentence is not really correct. Please explain the real reason why Depreciation Expense is handled the way it is on a cash flow statement