Company P must choose between two alternate transactions. The cash generated by Transaction 1 is taxable, and the cash generated by Transaction 2 is nontaxable. Required: a. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $174,000 of income and Transaction 2 generates $120,060 of income. b. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $229,000 of income and Transaction 2 generates $185,490 of income. Complete this question by entering your answers in the tabs below. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assu Transaction 1 generates $174,000 of income and Transaction 2 generates $120,060 of income. Company P must choose between two alternate transactions. The cash generated by Transaction 1 is taxable, and the cash generated by Transaction 2 is nontaxable. Required: a. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $174,000 of income and Transaction 2 generates $120,060 of income. b. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assuming that Transaction 1 generates $229,000 of income and Transaction 2 generates $185,490 of income. Complete this question by entering your answers in the tabs below. Determine the marginal tax rate at which the after-tax cash flows from the two transactions are equal assu Transaction 1 generates $174,000 of income and Transaction 2 generates $120,060 of income