Which of the following is true about expenses on the income statement?

		Depreciation expense is noncash; taxes are cash; depreciation expense comes before taxes are calculated which is good since this results in less taxes
		Depreciation expense is noncash; taxes are cash; depreciation expense comes after taxes are calculated which is good since this results in less taxes
		Depreciation expense is cash; taxes are noncash; depreciation expense comes before taxes are calculated which is good since this results in less taxes
		Depreciation expense is cash; taxes are noncash; depreciation expense comes after taxes are calculated which is good since this results in less taxes