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To properly account for depreciation expense, depreciation should first be _____ due to its impact on _____ and then be _____ due to its impact

To properly account for depreciation expense, depreciation should first be _____ due to its impact on _____ and then be _____ due to its impact on _____."

Subtracted; cash flows; added; taxes

Subtracted; taxes; added; cash flows

Added; cash flows; subtracted; taxes

Added; taxes; subtracted; cash flows

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