Last year the sales at Summit Corporation were $400,000 and were all cash sales.The expenses at Summit were $250,000 and were all cash expenses.The tax rate was 40%.The after-tax net cash inflow at Summit last year was:

Name: Last year the sales at Summit Corporation were $400,000 and were all cash sales.The expenses at Summit were $250,000 and were all cash expenses.The tax rate was 40%.The after-tax net cash inflow at Summit last year was:
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Last Year the Sales at Summit Corporation Were $400,000 and Were