QUESTION 5 Answer saved Marked out of 15.00 Fqeon After-Tax Cash Flows For each of the following independent situations, compute the net after-tax cash flow amount by subtracting cash outlays for operating expenses and income taxes from cash revenue. The cash outlay for income taxes is determined by applying the income tax rate to the cash revenue received less the cash and noncash (depreciation) expenses. Cash revenue received Cash operating expenses paid 53,000 Depreciation on tax return11,000 Income tax rate 89,000 $449,000 $219,000 144,000 19,000 20% 314,000 29,000 30% 40% Do not use negative signs with any of your answers below Cash revenue Cash outlays Income tax rate 4096 3096 20% Do not use negative signs with any of your answers below Cash revenue 0 Cash outlays: Operating expenses Income taxes 0 Total cash outlays Net after-tax cash flow S