In Applying the Direct Method,depreciation Expense Is ________

Multiple Choice

In applying the direct method,depreciation expense is ________.

A) added to net income because purchases of the depreciable long-term assets are investing activities
B) subtracted from net income because it is a non-cash expense
C) subtracted from cash from operating activities because it is a non-cash expense
D) not shown on the statement of cash flows prepared using the direct method