Assume a firm has earnings before depreciation and taxes of $430,000 and depreciation of $130,000.

(a)	If the firm is in a 30 percent tax bracket, compute its cash flow. (Omit the "$" sign in your response.)

Cash flow

$

(b)	If it is in a 15 percent tax bracket, compute its cash flow. (Omit the "$" sign in your response.)

Cash flow

$