A firm reports $1.2 million in depreciation expense each year. In the firm's a monthly condensed cash flow budget, all of the following are true, except: O Depreciation expense would be included in EBITDA. O The firm would report a $100,000 expense for each month in the income statement section O The firm would report a $100,000 source of cash for each month in the timingon-cash adjustments section O The timingon-cash adjustments section would reflect a source of cash of $1.2 million for the year