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Daly Publishing Corporation recently purchased a truck for $ 3 2 , 0 0 0 . Under MACRS, the first year's depreciation was $ 6

Daly Publishing Corporation recently purchased a truck for $32,000. Under MACRS, the first year's depreciation was $6,400. The truck driver's salary in the first year of operation was $43,800. The company's tax rate is 30 percent.
Required:
1-a. Calculate the after-tax cash outflow for the acquisition cost and the salary expense.
1-b. Calculate the reduced cash outflow for taxes in the first year due to the depreciation.
Complete this question by entering your answers in the tabs below.
Req1A
Calculate the after-tax cash outflow for the acquisition cost and the salary expense.
\table[[,\table[[After-Tax Cash],[Outflow]]],[Acquisition cost,],[Salary expense,]]
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