Operating cash inflows A firm is considering renewing is equipment to meet increased demand lor its product. The cost of equpment modifications is 5185 milion plus $117.000 in installation costs. The firm will depreclate the equipment modifications under MACRS, using a 5 -year recovery period (seo table 1 Additional sales revenue from the renewal should amount to 51.14 million per yeat, and additional operating expences and other costs (excluding depreciason and interest) wit amount to 43% of the additional sales The firm is subject to a tax rate of 40% (Note Answer the following questions for each of the next 6 years) a. What incremental earnings belore depreciation, interest, and taxes will result from the renewal? b. What incremental net operating profits ahter taxes wili result from the rentwal? c. What incremental operating cash inflows wil result from the renewal? a. The incremental profits belore depreciation and tax are $649.800 (Rocund to the nearest doilar) b. Calculate the incremental net operating profits aftec taxes below. (Round to the nearest dollar.)