Please show work! E12-3A. After-Tax Cash Flows For...
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E12-3A. After-Tax Cash Flows For each of the following independent situations, compute the net after-tax cash flow amount by subtracting cash outlays for operating expenses and income taxes from cash revenue. The cash outlay for income taxes is determined by applying the income tax rate to the cash revenue received less the cash and noncash (depreciation) expenses. 54,000 315,000 145,000 12,000 30,000 20,000 20% Depreciation on tax return. . . . 40% 30%
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