Please do all 4 questions and show all work! Thanks will rate thumbs up.

5) Consider the following two companies Gilbert Corporation had a gross income of $500,000 in tax year 1, $150,000 in salaries, $30,000 in wages, $20,000 in interest, and $60,000 in depreciation expenses for an asset purchased 3 years ago. Ajax Corporation has a gross income of $500,000 in tax year 1, and $150,000 in salaries, $90,000 in wages, and $20,000 in intere st expenses. Apply the current tax rates and de termine which of the following statements is correct. (a) Both corporations will pay the same amount of income taxes in year 1. (b) Both corporations will have the same amount of net cash flows inyear 1. (c) Ajax Corporation will have alarger net cash flow than Gilbert in year1. (d) Gilbert Corporation will have alarger taxable income than Ajax Corporation in year1. 6) If the inflation rate is 8% per year and you invest $50,000 now at a interest rate of 18% per year, how much will you have in 10 years? Whatis the buying power of that money in respect to today's dollars? 7) A specific university scholarship 25 years ago was $10,000. It was increased this year to $18,000. If the average inflation rate over those years was 3% per year, has the increase been enough to offset inflation? 8) A company requires a new water pump. The estimated initial cost is $50,000 and the salvage value after 5 years will be $500. It is going to cost between $0.01 to $0.08 per kilolitre to operate. It will most likely cost $0.04 per kilolitre to operate. The pump will be in operation for 5years and plans to pump 50,000,000 litre s per yearfoir the next 5 years If the company only has $55,000 of funding now to operate it over the next five years, what does the economic analysis indicate if the interest rate is 7% per year? Show a"Most Likely Costing View' using PW and an "Optimistic View" using PW...do vou have enough funding