Question 3 (3 points) Which of the following is FALSE regarding the financial statements? Net income, as reported on the income statement, is the same thing as operating cash flow. The income statement reports the company's income an expenses over a period of time. Depreciation expense, which is reported on the income statement, is a non-cash expense. The balance sheet shows the company's assets, liabilities, and net worth over a period of time. Long term debt on the balance sheet is a liability