Problem $12-2($Algo$)$ Cash flow $[$LO$12-2]$

Assume a corporation has earnings before depreciation and taxes of $$118,000,$ depreciation of $$46,000,$ and that it has a $40$ percent tax bracket.

a$.$ Compute its cash flow using the following format.

$\backslash$table$[[$Earnings before depreciation and taxes,$],[$Depreciation$,],[$Earnings before taxes,$],[$Taxes$,],[$Earnings after taxes,$],[$Depreciation$,],[$Cash flow,$]]$

b$.$ How much would cash flow be if there were only $$12,000$ in depreciation? All other factors are the same.

Cash flow

c$.$ How much cash flow is lost due to the reduced depreciation from $$46,000$ to $$12,000?$

Cash flow lost