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Mersey Chemicals manufactures polypropylene that it ships to its customers via tank car. Currently it plans to add two additional tank cars to its fleet

Mersey Chemicals manufactures polypropylene that it ships to its customers via tank car. Currently it plans to add two additional tank cars to its fleet four years from now.However, a proposed plant expansion will requireMersey's transport division to add these two additional tank cars in 1 years' time rather than in 4 years. The current cost of a tank car is $2.1 million, and this cost is expected to remain constant.Also, while tank cars will lastindefinitely, they will be depreciatedstraight-line over afive-year life for tax purposes. SupposeMersey's tax rate is 20%. When evaluating the proposedexpansion, what incremental free cash flows should be included to account for the need to accelerate the purchase of the tankcars?

Incremental FCF for year 0 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 1 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 2 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 3 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 4 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 5 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 6 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 7 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 8 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

Incremental FCF for year 9 is $

nothing

million. (Round to two decimal places and outflows as negativevalues.)

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