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Elmdale Enterprises is deciding whether to expand its production facilites. Athough long-term cash flows are diffcuat to estmate, management has projected the folowing cash fows

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Elmdale Enterprises is deciding whether to expand its production facilites. Athough long-term cash flows are diffcuat to estmate, management has projected the folowing cash fows for the first hoo years (in millions of dollars) a. What are the incremental earnings for this project for years 1 and 2? (Note: Assume any incrementai cast of goods sold is includod as part of operating expenses) b. What are the free cash flows for this project for years 1 and 27 a, What are the incremental esmings for this project for years 1 and 27 (Note: Ascume any incremental cost of goods sold is included as part of aperoting expenses) Data table (Cick on the following icon n in order to copy its contents into a spreaditheet.)

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