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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

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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 recelved $98,000 $458,000 $228,000 Cash operating expenses paid 62,000 323000 153000 Depreciation on tax return 20,000 38,000 28,000 40% 30% 20% Income tax rate Do not use negative signs with any of your answers below Cash revenue Cash outlays Operating expenses Income taxes Total cash outays Net ofter-tax cash flow

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