BPK Inc. and OPK Inc. are owned by the same family. BPK's marginal tax rate is 25 percent, and OPK's marginal tax rate is 40 percent. BPK is about to incur a $72,000 deductible expense that would benefit both corporations. OPK could obtain the same mutual benefit by incurring a $92,500 deductible expense A. What is the after-tax cost to BPK of incurring the expense? B. What is the after-tax cost to OPK of incurring the expense? C. Which corporation should incur the expense? Firm H has the opportunity to engage in a transaction that will generate $100,000 cash flow (and taxable income) in year 0. How does the NPV of the transaction change if the firm could restructure the transaction in a way that doesn't change before- tax cash flow but results in no taxable income in year 0, $50,000 taxable income in year 1, and the remaining $50,000 taxable income in year 2? Assume a 6 percent discount rate and a 34 percent marginal tax rate for the three-year period. A. Prepare a Original transaction. B. Prepare a Restructured transaction