Question: If Depreciation expense was $4,000 higher than the amount reported in Exhibit 10, Net Income would be $4,000 [higher than / lower than / the

If Depreciation expense was $4,000 higher than the amount reported in Exhibit 10, Net Income would be $4,000 [higher than /

lower than / the same as] the amount reported. The $4,000 increase in Depreciation expense would offset exactly the $4,000 decrease in Net Income. Cash flow would be [higher than / lower than / the same as] the amount reported in Exhibit 11.

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