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Item 1 Item Skipped Item 1 A project currently generates sales of $ 3 million, variable costs equal 3 0 % of sales, and fixed

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A project currently generates sales of $3 million, variable costs equal 30% of sales, and fixed costs are $0.6 million. The firms tax rate is 21%. Assume all sales and expenses are cash items.
What are the effects on cash flow, if sales increase from $3 million to $3.3 million?
Note: Input the amount as positive value. Enter your answer in dollars not in millions.
What are the effects on cash flow, if variable costs increase to 35% of sales?
Note: Input the amount as positive value. Enter your answer in dollars not in millions.
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