48. A company recorded the following in 2018: Revenue 50,000 Expenses 22,000 Depreciation 4,000 Interest 2,000 Tax 5,000 It retained all after-tax profits. What were its after-tax profits for the year? a) 0 b) 17,000 c) 19,000 d) 21,000 e) 22,000 49. For the same company in the previous question, how much more cash does it have at the end of the year compared to the beginning, assuming it retained all after-tax profits? a) 0 b) 17,000 c) 19,000 d) 21,000 e) 22,000