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 Cash operating expenses paid Depreciation on tax return Income tax rate $90,000 $450,000 $220,000 145,000 12,00030,000 20,000 20% 54,000 315,000 40% 30% Do not use negative signs with any of your answers below. Cash revenue Cash outlays Operating expenses Income taxes Total cash outlays Net after-tax cash flow