Do not use negative signs with any of your answers below

After-Tax Cash Flows For each of the following independent situations, compute the net after-tax cash flow amount by subtracting cash outlays for operating expenses and income taxes from cash revenue. The cash outlay for income taxes is determined by applying the income tax rate to the cash revenue received less the cash and noncash (depreciation) expenses. Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate $85,000 46,750 12,750 $405,000 263,250 40,500 $205,000 123,000 20,500 Do not use negative signs with any of your answers below. Cash revenue Cash outlays: Operating expenses Income taxes Total cash outlays Net after-tax cash flow