Firm L has $717,000 to invest and is considering two alternatives. Investment A would pay 6 percent ($43,020 annual before-tax cash flow). Investment B would pay 4.5 percent ($32,265 annual before-tax cash flow). The return on Investment A is taxable, whereas the return on Investment B is tax exempt. Firm L forecasts that its 35 percent marginal tax rate will be stable for the foreseeable future. a. Compute the explicit tax and implicit tax that Firm L will pay with respect to Investment A and Investment B. b-1. What is the annual after-tax cash flow for Investment A? b-2. What is the annual after-tax cash flow for Investment B? b-3. Which investment results in the greater annual after-tax cash flow