Good evening, I have solved majority of the problem but am having trouble with the questions in bold. Thank-you!

Butterfly Tractors had $24.00 million in sales last year. Cost of goods sold was $10.00 million, depreciation expense was $4.00 million, interest payment on outstanding debt was $3.00million, and the firm's tax rate was 35%.

a.Firm's net income is $4.55M

b.Firm's cash flow is $8.55M

c. What would happen to net income and cash flow if depreciation were increased by $3.00 million?

Net income would (increase/decrease) by $__M.

Cash flow would (increase/decrease) by $___M.

f. What would be the impact on cash flow if depreciation was $3.00 million and interest expense was $4.00 million?