What is the primary reason that the Cash Flow Statement differs from the Income Statement? 1. The Income Statement is distorted with many GAAP nuances that make it difficult to obtain an actual cash-in-hand pulse like the Cash Flow Statement does. 2. The Cash Flow Statement includes depreciation expense, which gives a better bird-in-hand view of the actual cash the company is generating. 3. The Income Statement does not contain non-cash items, while the Cash Flow Statement does. 4. None of the above