both questions please and thanks!

Question 31 9.03 pt: A proposed project is expected to produce future pre-tax operating cash flows of $1,735,000 per year for the next three (3) years. The related depreciation expense is expected to be $382,000 per year for the next three years. If the company's income tax rate is 27%, what is the annual cash flow benefit related to the depreciation expense, if any? $432,960 $555,200 $103,140 $920,040 Question 11 9.04 pts lowa Corn Cooperative Corp. ("ICCC") grows and distributes corn to food manufacturers. ICCC has some bonds outstanding with 13 years to maturity, are trading at $1,043.25 per bond with a $1,000 face value, and the company has 350,000 of these bonds outstanding. The bonds pay interest annually based on an 7.25% coupon interest rate. ICCC is planning to issue $30 million of new preferred stock, which will have a par value of $150.00 per share, dividends per share of $15.25, and per-share flotation costs of $7.50 per share. The company has a marginal income tax rate of 25%. Calculate to 4 decimal places What is ICCC's Pre-Tax Cost of Debt? After-Tax Cost of Debt? 6.7401% and 6.7401% 6.7401% and 5.0551% 7.2500% and 5.4375% 6.7236% and 4.5048%