A Company's Income Statement Reports $30,000 Depreciation Expenses During the Period

A company's income statement reports $30,000 depreciation expenses during the period. Using the direct method to prepare the statement of cash flows, how would the depreciation expense be reported on the statement of cash flows?

A) Depreciation expense would be an addition under investing activities.
B) Depreciation expense would be an addition under financing activities.
C) Depreciation expense would be a deduction under operating activities.
D) Depreciation expense would not be reported on the statement of cash flows.