1.5 6 points 02:42:10 Problem 03-08 (Static) [LO 3-2] Company P must choose between two alternate transactions. The cash generated by Transaction 1 is taxable, and the cash generated by Transaction 2 is nontaxable. Required: a. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $100,000 of income and Transaction 2 generates $60,000 of income. b. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $160,000 of income and Transaction 2 generates $120,000 of income. eBook Complete this question by entering your answers in the tabs below. Ask Print Required A Required B References Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $100,000 of income and Transaction 2 generates $60,000 of income. Marginal fax ute Required A Required B >