Assume a corporation has earnings before depreciation and taxes of $100,000, depreciation of $40,000, and a 24 percent tax bracket. a. Compute its cash flow using the following format. Earnings before depreciation and taxes Depreciation Earnings before taxes Taxes Earnings after taxes Depreciation Cash flow b. Compute the cash flow for the company if depreciation is only $20,000. All other factors are the same. Cash flow c. How much cash flow is lost due to the reduced depreciation from $40,000 to $20,000? Cash flow lost