Elmdale Enierprises is deciding wheches to expand its production facilites. Athough long tom cash flows are diffoult to eatimate, manegement has propected the following cash fows for the fint two years in milions of doliars): a. Whet are the incremental earnings toe this project for years 1 and 2 ? (Nole: Assume any incrmmenta/ cont of goods nold in inchided as part of openating axpenses) b. What are the free cesh flows for this project for years 1 and 2 ? Elmdale Enierprises is deciding wheches to expand its production facilites. Athough long tom cash flows are diffoult to eatimate, manegement has propected the following cash fows for the fint two years in milions of doliars): a. Whet are the incremental earnings toe this project for years 1 and 2 ? (Nole: Assume any incrmmenta/ cont of goods nold in inchided as part of openating axpenses) b. What are the free cesh flows for this project for years 1 and 2