Assume a corporation has earnings before amortization and taxes (EBAT) of $100,000 and amortization of $10,000, and it has a 34 percent tax rate. o. Compute its cash flow. Cash flow b. Compute the difference in cash flow. If there was $50,000 in amortization Difference in cash flow Assume a $250,000 investment and the following cash flows for two alternatives: Year Product Product Y $90,000 $50,000 90, eee 80,000 3 60,000 60,000 4 20,000 70,000 1 2 a. Calculate the payback for products X and Y. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Product X Product Y Payback years years b. Which of the alternatives would you select under the payback method? Product X Product