Exercise $16-30$ After$-$Tax Cash Flows $($Section $2)($LO $16-4)$

Daly Publishing Corporation recently purchased a truck for $$30,000.$ Under MACRS, the first year's depreciation was $$6,000.$ The truck driver's salary in the first year of operation was $$32,000.$ 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.

Req $1$ A

Req $1$B

Calculate the after$-$tax cash outflow for the acquisition cost and the salary expense.

$\backslash$table$[[,\backslash$table$[[$After$-$Tax Cash$],[$Outflow$]]],[$Acquisition cost$,],[$Salary expense,$]]$