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. A B C Cash revenue received $97,000 $457,000 $227,000 Cash operating expenses paid 61,000 322,000 152,000 Depreciation on tax return 19,000 37,000 27,000 Income tax rate 40% 30% 20%