Suppose a firm has an asset that originally cost $5000 and currently has accumulated depreciation of $2000. The firm is subject to a 28 per cent income tax rate. Suppose the firm sells the asset for $2000. What will be the loss without regard to taxes? A. ($1000) B. ($3000) C. ($1120) D. ($2000) Rogers Company purchased equipment for $30 000 in December of 2014. It is expected to generate $10 000 per year in additional revenue and $2000 per year in additional cash expenses beginning in 2015. Depreciation in 2015 will be $3000. The firm's tax rate is 40 per cent. What is the annual after-tax cash flow in 2015? A. $8000 B. $4800 C. $6000 D. $3600 The following data applies: What would be the present value of the after-tax cash flow for year 0? A. ($10 000) B. $0 C. $4726 D. $4000