E Menu 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 84,000 $404,000 $204,000 Cash operating expenses paid 46,200 262,600 122,400 Depreciation on tax returm 12.600 40,40020,400 30% 40% 20% Cash revenue received 26 Do not use negative signs with any of your answers below. Cash revenue Cash outlays Operating expenses Income taxes Total Cash ourlays Net ofter-tax cosh flow Check