5) Elmdale Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are difficult to estimate, management has projected the following cash flows for the first two years (in millions of dollars): Year 1 Year 2 160 125 40 60 Revenues Costs of goods sold and operating expenses other than depreciation Depreciation Increase in net working capital Capital expenditures Marginal corporate tax rate 25 36 5 8 30 40 35% 35% a. What are the incremental earnings for this project for years 1 and 2? What are the free cash flows for this project for the first two years? b