Question: Consider the following data for 2011 from an after tax cash flow analysis. What is the taxable income for 2011? Before Tax Cash Flow 5

Consider the following data for 2011 from an after tax cash flow analysis. What is the taxable income for 2011?

Before Tax Cash Flow 5 $23,000

Loan Principal Payment 5 $3,203

Loan Interest Payment 5 $3,877

Depreciation Deduction 5 $12,490

Taxes Due 5 $2,255

After Tax Cash Flow 5 $21,530

a. $40,000 c. $6,633 b. $35,540 d. $28,460

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