Elmdale Enterprises is deciding whether to expand its production facilities. Although long$-$term cash flows are difficult to$$ estimate, management has projected the following cash flows for the first two years$($in $millions$).$

Year $1$ Year $2$

Revenues $130150$

Cost of Goods Sold $($COGS$)4050$

SG&A $1012$

Depreciation $3032$

Increase in Net Working Capital $58$

Capital Expenditures $4542$

Elmdale's corporate tax rate is $30\%$

What is Elmdale's estimate of the project's Unlevered Net Income $($UNI$)$ in Year $1?$

Answer Format: Enter your answer in $million. For example, if your answer is $$12\mathrm{.}3$ million, enter $12\mathrm{.}3$ without the dollar sign, without the word "million," and with $1$ decimal.

Incorrect answer:

$30$

Results for question $3.$

$3$

$0/1$ point

What is Elmdale's estimate of the project's Free Cash Flow in Year $1?$

Answer Format: Enter your answer in $million. For example, if your answer is $$12\mathrm{.}3$ million, enter $12\mathrm{.}3$ without the dollar sign, without the word "million," and with $1$ decimal.

Incorrect answer:

$20$

Results for question $4.$

$4$

$0/1$ point

What is Elmdale's estimate of the project's Free Cash Flow in Year $2?$

Answer Format: Enter your answer in $million. For example, if your answer is $$12\mathrm{.}3$ million, enter $12\mathrm{.}3$ without the dollar sign, without the word "million," and with $1$ decimal.