Depreciation is a non-cash expense. What does this mean? Select one: a. Depreciation is paid for with credit O b. Depreciation is not paid in cash until a date that occurs after the income statement ending period Oc. Depreciation is an expense on paper only, cash is never exchanged. d. Depreciation is a direct tax credit, where cash is received in the amount of depreciation. Henry would like to save $2,000 per year for 5 years to save up for a used car. If his budget will be $8,000, what rate of return would he need to earn? Select one: a. 11% b. 12% c. 13% Od. 14%