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 $($ir millions of dollars$)$:

$\backslash$table$[[$Revenues$,$Year $1,$Year $2],[$COGS and Operating expenses $($other than depreciation$),1286,1553],[$Depreciation$,429,64\mathrm{.}1],[$Increase in working capital,$27\mathrm{.}8,367],[$Capital expenditures,$32,85],[$Corporate tax rate,$305,43\mathrm{.}8]]$

a$.$ What are the incremental earnings for this project for years $1$ and $2?$

b$.$ What are the free cash flows for this project for the first two years?

a$.$ What are the incremental earnings for this project for years $1$ and $2?$

The incremental earnings for year $1$ is $ million. $($Round to one decimal place $)$

The incremental earnings for year $2$ is $ million. $($Round to one decimal place.$)$

b$.$ What are the free cash flows for this project for the first two years?

The free cash flow for year $1$ is $ million. $($Round to one decimal place$)$

The free cash flow for year $2$ is $ million. $($Round to one decimal place$)$