In 2009 Firm D paid 50,000 cash to purchase a tangible asset. In 2009 and 2010 it deducted $3,140 and $7,200 deprecation with respect to the asset. The marginal tax rate in both years was 35%.
Compute Firms D's net cash flow attributable to the asset purchase in each year and compute Firms D's the adjusted basis in the asset at the end of each year?