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Reid received a $ 90,000 cash, of which only $50,000 was taxable income. If the marginal tax rate is 40%, compute the after-tax cash flow.

Reid received a $ 90,000 cash, of which only $50,000 was taxable income. If the marginal tax rate is 40%, compute the after-tax cash flow. Select one: a. $30,000 O b. None of the above c. $54,000 O d. $50,000

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