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Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $300; expenses other than depreciation, $150;

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Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $300; expenses other than depreciation, $150; depreciation expense, $60; marginal income tax rate, 37%. (Round your answers to 2 decimal places.)

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