D Question 24 5 pts Which of the following describes the reasoning behind the treatment of depreciation when preparing the statement of cash flows using the indirect method? Depreciation is a non cash transaction that increases net income. This effect is reversed by subtracting the amount from Net Income on the statement of cash flows. Depreciation is added back in the investing section Depreciation is a non cash transaction that decreases net income. This effect is reversed by adding the amount back to Net Incomeon the statement of cash flows. Depreciation is subtracted in the financing section. Question 25 5 pts A common-size income statement is a vertical analysis in which each account is expressed as a percentage of total assets or total liabilities and equity. True False