when working discount rate analysis - if the pretax net cash inflow(outflow) is negative will there still be income tax payable? or would the income payable be zero due to having negative pre-tax cash inflow(outflow)?

New Equipment (100,000) Capital Investment (40,000) Revneue $180,000 $315,000 $450,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 Production, Administration and Sales cost per unit $25 (100,000) (175,000) (250,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Other Cost Salaries, Insurance, Maintenace (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) Advertising (70,000) (70,000) (50,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) Salvage Value 10,000 Pretax Net Cash Inflow (outflow) (140,000) ($110,000) ($50,000) $30,000 $80,000 $80,000 $80,000 $80,000 $80,000 $80,000 $80,000 $80,000 $90,000 Depreciation (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) Taxable Income ($117,500) ($57,500) $22,500 $72,500 $72,500 $72,500 $72,500 $72,500 $72,500 $72,500 $72,500 $82,500 Income Tax Payable ($23,500) ($11,500) $4,500 $14,500 $14,500 $14,500 $14,500 $14,500 $14,500 $14,500 $14,500 $16,500 Net Cash Inflow(Outflow) (140,000) ($86,500) ($38,500) $25,500 $65,500 $65,500 $65,500 $65,500 $65,500 $65,500 $65,500 $65,500 $90,000 Net Present Value (68,520.50)A B C D E F G H K L M N O muandInba MAN (100,000) Capital Investment (40,000) Revneue $180,000 $315,000 $450,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 $540,000 Production, Administration and Sales cost per unit $25 (100,000) (175,000) (250,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Other Cost Salaries, Insurance, Maintenace (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) (120,000) Advertising (70,000) (70,000) (50,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) (40,000) Recovery working capital 40,000 Salvage Value 10,000 Pretax Net Cash Inflow (outflow) (140,000) ($110,000) ($50,000) $30,000 $80,000 $80,000 $80,000 $80,000 $80,000 $80,000 $80,000 $80,000 $130,000 Depreciation (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) (7,500) Taxable Income $22,500 $72,500 $72,500 $72,500 $72,500 $72,500 $72,500 $72,500 $72,500 $122,500 Income Tax Payable SO SO $4,500 $14,500 $14,500 $14,500 $14,500 $14,500 $14,500 $14,500 $14,500 $24,500 Net Cash Inflow(Outflow) (140,000) ($110,000) ($50,000) $25,500 $65,500 $65,500 $65,500 $65,500 $65,500 $65,500 $65,500 $65,500 $105,500 Net Pre (94 351.57)