Nokela Industries purchases a $$42\mathrm{.}4$ million cyclo$-$converter. The cyclo$-$converter will be depreciated by $$10\mathrm{.}6$ million per year over four years, starting this year. Suppose Nokela's tax rate is $40\%.$

a$.$ What impact will the cost of the purchase have on earnings for each of the next four years?

b$.$ What impact will the cost of the purchase have on the firm's cash flow for the next four years?

a$.$ What impact will the cost of the purchase have on earnings for each of the next four years?

Earnings will $$ by $ $$ million each year for four years. $($Select from the drop$-$down menu and round to one decimal place.$)$

b$.$ What impact will the cost of the purchase have on the firm's cash flow for the next four years?

The impact on the firm's cash flow in year $1$ is $ $$ million. $($Round to one decimal place.$)$

The impact on the firm's cash flow in years two through four is $ $$ million. $($Round to one decimal place.$)$