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On a statement of cash flows, depreciation is treated as an adjustment to income because depreciation: O reduces reported income and involves an inflow of

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On a statement of cash flows, depreciation is treated as an adjustment to income because depreciation: O reduces reported income and involves an inflow of funds. O is a direct source of funds. O reduces reported income but does not involve an outflow of funds. O is an inflow of funds to a reserve account replacement of assets

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