Etobicoke 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$)$:

Year $1$

Year $2$

Revenues

$122\mathrm{.}8$

$168\mathrm{.}8$

Operating Expenses$($other than$$ depreciation$)$

$34\mathrm{.}8$

$58\mathrm{.}1$

CCA

$20\mathrm{.}6$

$32\mathrm{.}3$

Increase in Net Working Capital

$2\mathrm{.}6$

$7\mathrm{.}3$

Capital Expenditures

$28\mathrm{.}3$

$40\mathrm{.}6$

Marginal Corporate Tax Rate

$35\%$

$35\%$

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 the first two$$ years?