mention the values for Sales, operating expenses, CCA, EBIT, Income tax at 35%, Unilevered net income for question a

mention the values for, capital expenditure, CCA, change in NWC and free cash flow for question b

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): Revenues Operating Expenses (other than depreciation) CCA Increase in Net Working Capital Capital Expenditures Marginal Corporate Tax Rate Year 1 128.6 35.2 26.9 2.9 28.1 35% Year 2 153.4 60.8 27.9 7.5 43.2 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