Question: answer As seen on an income statement, Multiple Choice O depreciation expense is deducted from income, which increases income tax expense. depreciation expense is a

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As seen on an income statement, Multiple Choice O depreciation expense is deducted from income, which increases income tax expense. depreciation expense is a contra-expense that is added to income, and increases INCoMe tax expense. depreciation expense is deducted from income, which decreases income 1ax expense. because depreciation is a noncash expense, it does not impact income tax expense. depreciation expense, while shown as an expense, is excluded from the calculation of income taxes

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