Corporation VB was formed in 2022. Immediately prior to year-end, VB is considering a $500,000 deductible expenditure. It can elther make the expenditure before the end of 2022 , or wait until 2023 . However, if it waits, the cost of the expenditure will increase to $525,000. Before considering this expenditure, VB has the following projected pretax cash flows and taxable income for 2022,2023 , and 2024. Use Appendix A. Required: a. Using a 5 percent discount rate, compute the NPV of VB's after-tax cash flows if the expenditure is in 2022. b. Using a 5 percent discount rate, compute the NPV of VB's after-tax cash flows if the expenditure is in 2023. c. Based on your calculations, when should VB make this expenditure? 3nswer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using a 5 percent discount rate, compute the NPV of VB's after-tax cash flows if the expenditure is in 2022. Note: Round discount factors to 3 decimal places. Round intermediate calculations and final answers to the nearest whole dollar amount