A project currently generates sales of $8 million, variable costs equal 40% of sales, and fixed costs are $1.6 million. The firm's tax rate is 21%. Assume all sales and expenses are cash items. a. What are the effects on cash flow, if sales increase from $8 million to $8.8 million? Note: Input the amount as positive value. Enter your answer in dollars not in millions. b. What are the effects on cash flow, if variable costs increase to 50% of sales? Note: Input the amount as positive value. Enter your answer in dollars not in millions. Answer is complete but not entirely correct. a. Cash flow b. Cash flow increases decreases by $ 292,800 by $ 480,000