After-Tax Cash Flows Using the data that is shown below - (a) calculate the individual after-tax cash flow effect of each relevant item in each independent situation, and (b) sum the individual after-tax cash flows in each situation to determine the overall net after-tax cash flow. Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate A B 66,000 315,000 165,000 38,400 231,000 99,000 8,400 19,200 15,000 30% 25% 20% Do not use negative signs with any of your answers below. (a) Cash revenue Cash operating expenses Depreciation expense (b) Net after-tax cash flow A B 46,200 $ 26,880 (5,040) x 21,840 236,250 173,250 14,400 x 67,800 $ 132,000 79,200 (10,200) x 55,800