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Allendale Enterprises is deciding whether to expand its production facilities. The management team has projected the following cash flows for the first three years (in

Allendale Enterprises is deciding whether to expand its production facilities. The management team has projected the following cash flows for the first three years (in millions of dollars): Revenue yr1:130 yr2:140 yr3:150 Costs yr1:60 yr2:65 yr3:70 Depreciation yr1:25 yr2:25 yr3:25 Net Working Capital yr1:20 yr2:22 yr3:23 Assume that Allendale has zero net working capital now and the tax rate is 30%. What is the incremental free cash flow for year 3?

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