1. The ammortization of prepaid insurance expense is similar to depreciation in that it is a non-cash expense. The table below shows two different partial income statements. For each income statement, calculate free cash flows assuming a 10% tax rate. What specifically is causing the difference in these different values of free cash flows? Provide a quantitative reconciliation of the difference to confirm your statement. [5 points] Income Statement 1: Income Statement 2: Revenue 1,000 Revenue 1,000 COGS (200) COGS (200) Ammortization expense (100) EBIT 800 EBIT 700