Question 2 (1 point) What will be the present value of the tax shield for the following capital expenditure? . Cost of asset: $$200,000 . Salvage value: $45,000 . CCA rate: 20% . Tax rate: 30% . Rate of Return: 15% . Life of project: 5 years None of these answers. $43, 726 $38,875 $28,214 $32,050Question 3 (1 point) What after-tax operating cash flow would be used in a capital budging analysis for Revenues $2,000,000 Cost of Goods Sold $1,200,000 Gross Profit $800,000 SG & A $400,000 DEPRECIATION & AMORTIZATION $120,000 the following? OPERATING INCOME EBIT $400,000 Interest $150,000 EBT $250,000 Income tax @30% $75,000 Net Income After Tax EAT $175,000 $400,000 None of these answers $295,000 $250,000Question 1 (1 point) 1. What will be the capital cost allowance (CCA) in year 2 related to the following capital expenditure? . Cost of asset: $$200,000 . Salvage value: $45,000 . CCA rate: 20% . Tax rate: 30% . Rate of Return: 15% Life of project: 5 years $40,000 $32.000 $36,000 $12,000 None of these answers