9,500 10,688 9,619 3.483 [X 13. Elma 13. 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) (see MyFinanceLab for the data in Excel format): 160 125 40 60 Year Revenues Operating Expenses (other than depreciation) Depreciation Increase in Net Working Capital Capital Expenditures Marginal Corporate Tax Rate 36 30 35% 35% a. What are the incremental earnings for this project for years 1 and 2? b. What are the free cash flows for this project for years 1 and 2