QUESTION 1 John Wall Inc. is launching a line of "2" branded items in a project that involves equipment that will be purchased today for $130000 and a tax rate of 40%. What would the after-tax cash flow be if the equipment is sold in 2 years for $60000 and the equipment is depreciated straight-line to $10000 over 4 years? QUESTION 2 John Wall Inc. is launching a line of "2" branded items in a project that involves equipment that will be purchased today for $150000 and a tax rate of 10%. What would the after-tax cash flow be if the equipment is sold in 2 years for $20000 and MACRS depreciation is used where the depreciation rates in years 1, 2, 3, and 4 are 50%, 40%, 20%, and 10%, respectively