Assume a corporation has earnings before depreciation and taxes of $114,000, depreciation of $42,000, and that it has a 35 percent tax bracket.

Compute its cash flow using the following format. (Input all answers as positive values.)

Earnings before depreciation and taxes	$
Depreciation
Earnings before taxes	$
Taxes
Earnings after taxes	$
Depreciation
Cash flow	$

b.

How much would cash flow be if there were only $16,000 in depreciation? All other factors are the same. Cash flow

c.	How much cash flow is lost due to the reduced depreciation from $42,000 to $16,000? Cash flow lost