Firm E must choose between two alternative transactions. Transaction 1 requires a $10,000 cash outlay that would be nondeductible in the computation of taxable income. Transaction 2 requires a $17,400 cash outlay that would be a deductible expense. Determine the after-tax cost for each transaction. Assume Firm Es marginal tax rate is 25 percent. Determine the after-tax cost for each transaction. Assume Firm Es marginal tax rate is 45 percent.