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Kedia Inc. forecasts a negative free cash flow for the coming year, FCF, $10 million, but it expects positive numbers thereafter, with FCF, = $34 million. After Year 2. FCF is expected to grow at a constant rate of 4% forever. Assume the firm has moro non-operating assets. If the weighted average cost of capital is 14.0%, what is the irm's total corporate value in millions? Do not round intermedinte calenlations, O $222.74 million O b.$353 60 million O $268.95 million O d. $289.47 million O $279.01 million Charlene is evaluating a capital budgeting project that should last for 4 years. The project requires $525,000 of equipment and is eligible for 100% bonus depreciation She is unsure whether immedintely expensing the equipment or using straight line depreciation is better for the analysis, under straight-line depreciation, the cost of the equipment would be depreciated evenly over its 4-year life (ignore the half-year convention for the straight-line method). The company's WACC , and its tax rate is 25% a. What would the depreciation expense be each year under each method? Enter your answers as positive values, Round your answers to the nearest dollar Year Scenario 1 (Straight-Line) Scenario 2 (Bonus Depreciation) 5 0 $ 1 $ $ 2 $ 5 $ 3 $ s 4 $ b. Which depreciation method would produce the higher NPV? Select How much higher would the NPV be under the preferred method? Do not round Intermediate calculations. Round your answer to the nearest dollar 5