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 A B Cash operating expenses paid Depreciation on tax return Income tax rate $78,000 $398,000 $198,000 42,900 258,700 118,800 11,700 39,800 19,800 30% 40% 20% Do not use negative signs with any of your answers below. A B Cash revenue $ $ $ Cash outlays: Operating expenses Income taxes Total cash outlays Net after-tax cash flow $ Check $ $