Company J must choose between two alternate business expenditures. Expenditure 1 would require a $40,000 cash outlay and Expenditure 2 requires a $37,600 cash outlay. a. Determine the marginal tax rate at which the after-tax cash flows from the two expenditures are equal assuming that Expenditure 1 is fully deductible and Expend iture 2 is nondeductible. b. Determine the marginal tax rate at which the after-tax cash flows from the two expenditures are equal assuming that Expenditure 1 is 50% deductible and Expenditure 2 is nondeductible. c. Determine the marginal tax rate at which the after-tax cash flows from the two expenditures are equal assuming that Expenditure 1 is fully deductible and Expenditure 2 is 50 percent deductible. Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the marginal tax rate at which the after-tax cash flows from the two expenditures are equal assuming that Expenditure 1 is fully deductible and Expenditure 2 is nondeductible. (Round final answer to the nearest whole percent.) Marginal tax rate % Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the marginal tax rate at which the after-tax cash flows from the two expenditures are equal assuming that Expenditure 1 is 50% deductible and Expenditure 2 is nondeductible. (Round final answer to the nearest whole percent.) Marginal tax rate % Required A Required C Complete this question by entering your answers in the tabs below. Required B Required A Required C Determine the marginal tax rate at which the after-tax cash flows from the two expenditures are equal assuming that Expenditure 1 is fully deductible and Expenditure 2 is 50 percent deductible. (Round final answer to the nearest whole percent.) Marginal tax rate % Required C> Required B