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Question 31 (5 points) Your real estate investments had the following components of pre-tax cash flow for 2020. If your marginal tax rate is 37%,

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Question 31 (5 points) Your real estate investments had the following components of pre-tax cash flow for 2020. If your marginal tax rate is 37%, calculate (1) the pre-tax cash flow; (2) the taxable income, (3) the income taxes due and (4) the after-tax cash flow. You must show your work for full or partial credit. (In all cases, state your answer using standard currency format. Round to the nearest whole dollar.) NOI $360,000 Debt Service $192,000 ($42,000 Principal and $150,000 Interest) Depreciation Expense: $120,000

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