aunch solcourse assessment is 20351018Course ton Completion Status: 1666 cod e IS QUESTION 10 A firm purchases a new piece of equipment for $150,000. Suppose the following data reflect the before tax cash flow and annual operating expenses MACRS depreciation is used, and the equipment is a 5-year property. What is the first year after-tax cash flow using the current federal tax rate of 21 percent? Year Before-tax O&M cash flow Expenses $150,000 50.000 $10,000 63,000 13,000 66.000 16.000 10.000 69,000 22.000 72,000 25.000 75.000 QUESTION 11