Based on Problems 3.5 and 3.6 in the text NFP FP Long Beach Homecare, a NFP business, had revenues of \$47 million in 2022. Expenses other than depreciation totaled 85% of revenues, and depreciation expense was $5 million. All revenues wre collected in cash during the year, and all expenses other than depreciation were paid in cash. a. Construs b. What were Net income, Total Profit Margin, and cash flow? c. Now suppose the company changed its depreciation calculation causing depreciation expense to double. How would this affect Net income, Total Profit Margin, and cash flow? d. Suppose the change had halved, rather than doubled, the firm's depreciation expense. Now, what would be the affect on Net Income, Total Profit Margin, and cash flow? Assume that OC Homecare, a FP business, had the same financial situation as the NFP. However, Mainline must pay taxes at a rate of 28% of pretax (operating) income. a. Construct the 2022 income Statement (\$M) b. What were Net income, Total Profit Margin, and cash flow? c. Now suppose the company changed its depreciation calculation causing depreciation expense to double. How would this affect Net income, Total Profit Margin, and cash flow? d. Suppose the change had halved, rather than doubled, the firm's depreciation expense. Now, what would be the affect on Net income, Total Profit Margin, and cash flow? b,c,d b,c,d b,c,d Net Income Total Profit Margin Cash Flow Revenues - Expenses Vet Income / Total Revenues vet Income + Depreciation e. Provide your assessment of the impact of Depreciation Expense in both cases