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Malings Revie The Rogers Corporation has a gross profit of $760,000 and $306,000 in depreciation expense. The Evans Corporation also has $760,000 in gross proft, with $42,000 in depreciation expense. Selling and expense is $230,000 for each compa my a. Given that the tax rate is 40 percent, compute the cash flow for both companies. Roger Evans Cash Flow b. Calculate the difference in cash flow between the two firms. Difference in Cash Flow Lemon Auto Wholesalers had sales of $880,000 last year, and cost of goods sold represented 77 percent of sales. Selling and administrative expenses were 12 percent of sales. Depreciation expense was $17,000 and interest expense for the year was $8,000. The firm's tax rate is 30 percent a. Compute earnings after taxes. Lemon Auto Wholesalers Income Statement $0 $0 $0 $0