Company L sold an inventory Item to Firm M for $40,000. Company L's marginal tax rate is 21 percent. In each of the following cases. 0. Compute Company L's after tax cash flow from the sale when Firm M's payment consisted of $10,000 cash and its note for $30,000. The note is payable two years from the date of sale. Company L's basis in the inventory item was $15.700. b. Compute Company L's after-tax cash flow from the sale when Firm M's payment consisted of $5,000 cash and its note for $35,000. The note is payable two years from the date of sale. Company L's basis in the inventory item was $47.000. c. Compute Company L's after-tax cash flow from the sale when Firm M's payment consisted of $40,000 cash. Company L's basis in the inventory item was $18,000. d. Compute Company L's after-tax cash flow from the sale when Firm M's payment consisted of $40,000 cash. Company L's basis in the inventory item was $44,000. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Compute Company L's after-tax cash flow from the sale when Firm M's payment consisted of $10,000 cash and its note for $30,000. The note is payable two years from the date of sale. Company L's basis in the inventory item was $15,700. (Cash outflows should be indicated by a minus sign.) Before tax cash flows Tax (cos) or savings After tax cash flow