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. Cash revenue received $92,000 $452,000 $222,000 Cash operating expenses paid 56,000 317,000 147,000 4,000 32,000 22,000 40% 30% 20% Depreciation on tax return Income tax rate Do not use negative signs with any of your answers below. Cash revenue Cash outlays Cash outlays: Operating expenses 0 0 0 Income taxes 0 0 0 Total cash outlays 0 0 0 Net after-tax cash flow Check