Use the following data to answer the next THREE questions: Iris Company is considering a new investment project. The initial investment for the project is $200,000. Iris is trying to estimate the net cashflows after tax for this investment. She has already figured out that the investment will generate an annual after-tax cash inflow of $54,000 from the operation. For tax purposes, the projected salvage value of the investment is $28,500. The government requires depreciating the vehicles using the straight-line method over the investment's life of 8 years. 1. Iris estimates that the maximum value it can sell the investment at the end of 8 years is $44,000. Assuming the tax rate of 30%, what is the net after-tax cashflow Iris will receive from selling the Investment at the end of 8 years? $30,800 O $44,000 $39,350 O $23,850 O $4,650 2. Iris estimates that the minimum value it can sell the investment at the end of 8 years is $23,000. Assuming the tax rate of 30%, what is the net after-tax cashflow Iris will receive from selling the investment at the end of 8 years? O $24,650 $23,000 $30,150 $1,650 $29,900