Suppose a firm's tax rate is 35% a. What effect would a $9.55 million operating expense have on this year's earnings? What effect would it have on next year's earnings b. What effect would an 511 35 million capital expense have on this year's earnings if the capital is deprecated at a rate of $2.27 milion per year for five years? What effect would it have on next year's earnings? a. What effect would a $9.55 million operating expense have on this year's earnings? Earnings would increase (declino) by $ million (Round to two decimal places, and use a negative number for a declina) What affect would it have on next year's earnings? (Select the best choice below) O A. Next your's earnings will be affected by a decline of $3 34 million OB. Next year's earings will be affected by an increase of $3.34 million OC. Next year's earnings will be affected by the same amount OD. There would be no effect on next year's earnings b. What effect would an $11.35 million capital expense have on this year's earnings if the capital is depreciated at a rate of $2.27 million per year for five year? What effect would it have on next year's earnings? Earnings would be higher (lower) each year by 5 million (Round to two decimal places, and use a negative number for a decline)