A project currently generates sales of $8 million, variable costs equal to 45% of sales, and fixed costs of $2.8 million. The firm's tax rate is 35% What are the effects of the following changes on after-tax profits and cash flows? a. Sales increase from $8 million to $11 million What are the effects on after-tax profits and cash flows? (Round your answers to 3 decimal places. Enter your answers in millions of dollars.) After-tax profits (Click to select) by million After tax cash flow (Click to select) by SL million b. Variable costs increase to 50% of sales What are the effects on after-tax profits and cash flows? (Round your answers to 3 decimal places. Enter your answers in millions of dollars.) After-tax profits (Click to select) v by s million Alter tax cash flow (Click to select) by s million