EXCEL PLEASE

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): B. 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? Data table Calculate the incremental earnings of this project below: (Round to Incremental Earnings Forecast (millions) Year Sales $ Operating Expenses $ Depreciation $ Year 1 128.7 46.1 27.1 2.1 31.2 21 % Revenues Operating Expenses (other than depreciation) Depreciation Increase in Net Working Capital Capital Expenditures Marginal Corporate Tax Rate Year 2 155.7 64.3 5.3 8.7 40.1 EDIT 21 % Help me solve this View an example Get n