Saved Help Sev Company K has a 30 percent marginal tax rate and uses a 7 percent discount rate to compute NPV. The company started a venture that will yield the following before-tax cash flows: year 0, $12.000: year 1. $21,000; year 2, $24,000: year 3, $17.600. a. If the before-tax cash flows represent taxable income in the year recelved, compute the NPV of the cash flows. b. Compute the NPV if Company K can defer the receipt of years O and 1 cash flows/income until year 2. (lt would receive no cash in years 0 and 1 and would receive $57,000 cash in year 2). c. Compute the NPV if Company K can defer paying tax on years 0 and 1 cash flows until year 2. (t would receive $24,000 cash in year 2 but would pay tax on $57,000 income). Complete this question by entering your answers in the tabs below Required A Required 8 Required C If the before-tax cash flows represent taxable income in the year recelved, compute the should be indicated by a minus to the nearest whole dollar amount.) NPV of the cash flows. (Cash outflows sign. Round discount factor(s) to 3 decimal places, interthediate calculations and final answers Year 0 Before-tax cash flow/taxable income Tax cost After-tax cash flow Discount factor (7%) Present value ere to search