John is the sole shareholder of Bead Jewelry, a cash basis calendar-year C corporation. The corporation had the following items of income and expense for Year 1:

Sales revenue (all cash sales) $250

Cost of goods sold (all cash paid in Year 1) $85

Rent paid for store space (all in cash) $12

Depreciation expenses for taxable income $20

Depreciation expenses on the financial statement $10

Interest income from City of Flint bonds (all cash) $4

Interest income from Microsoft Corporation bonds (all cash) $3

Salary paid in cash $50

Cash contribution to the Democratic Party (all cash) $15

Parking tickets (all cash) $3

Assume the corporate tax liability of Bead in Year 1 is $10. Start with sales, calculate Bead's after-tax cash flow. Specifically, How does each of the following items impact the after-tax cash flow? If an item increases the cash flow, write the positive number. If an item decreases the cash flow, write the negative number. If an item does not impact the cash flow, write 0. For instance, sales of 250 increases the cash flow, write 250.

Sales	250
COGS	-85
Rent
Depreciation expenses for taxable income
Depreciation expenses on the financial statement
Interest income from City of Flint bond
Interest income from Microsoft bond
Salary
Cash contribution to the Democratic Party
Parking tickets
Federal income liability in Year 1
After-tax cash flow

(a) How does the Depreciation expenses for taxable income impact the after-tax cash flow?

(b) How does the Depreciation expenses for financial statement impact the after-tax cash flow?

(c) How does the Interest income from City of Flint bonds impact the after-tax cash flow?