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 of dollars$)$:

a$.$ What are the incremental earnings for this project for years $1$ and $2?($Note: Assume any incremental cost of goods sold is included as part of operating expenses.$)$

b$.$ What are the free cash flows for this project for years $1$ and $2?$

a$.$ What are the incremental earnings for this project for years $1$ and $2?($Note: Assume any incremental cost of goods sold is included as part of operating expenses.$)$

Calculate the incremental earnings of this project below: $($Round to one decimal place.$)$

$\backslash$table$[[$Incremental Earnings Forecast $($millions$),,$Year $1,$Year $2],[$Sales$,$$$,124\mathrm{.}6,166\mathrm{.}5],[$Operating Expenses,,$(34\mathrm{.}5),(58\mathrm{.}4)$