Firm B wants to hire Ms. Ali to manage its advertising department. The firm offered Ms. Ali a three-year employment contract under vhich it will pay her an $90,000 annual salary in years 0, 1, and 2. Ms. All projects that her salary will be taxed at a 25 percent rate in -ear 0 and a 40 percent rate in years 1 and 2. Firm B's tax rate for the three-year period is 30 percent. Use Appendix A and Appendix 3. Fequired: a. Assuming an 8 percent discount rate for both Firm B and Ms. Ali, compute the NPV of Ms. Ali's after-tax cash flow from the employment contract and Firm B's after-tax cost of the employment contract. b. To reduce her tax cost, Ms. Ali requests that the salary payment for year o be increased to $160,000 and the salary payments for years 1 and 2 be reduced to $55,000. How would this revision in the timing of the payments change your NPV computation for both parties? -1. Firm B responds Ms. Ali's request with a counterproposal. It will pay her $160,000 in year O but only $50,000 in years 1 and 2. Compute the NPV of Firm B's after-tax cost under this proposal. 2. From the firm's perspective, is this proposal superior to its original offer ($90,000 annually for three years)? 1. Firm responds to Ms. Ali's request with a counterproposal. It will pay her $160,000 in year 0 but only $50,000 in years 1 and 2. Compute the NPV of Ms. Ali's after-tax cash flow. 2. Should Ms. Ali accept the original offer or the counterproposal