P$1116$ Operating cash inflows A firm is considering renewing its equipment to meet increased demand for its product. The cost of equipment modifications is $$1\mathrm{.}9$ million plus $$100,000$ in installation costs. The firm will depreciate the equipment modifications under MACRS, using a five$-$year recovery period. $($See Table $4\mathrm{.}2$ for the applicable depreciation percentages.$)$ Additional sales revenue from the renewal should amount to $$1,200,000$ per year, and additional operating expenses and other costs $($excluding depreciation and interest$)$ will amount to $40\%$ of the additional sales. The firm is subject to a tax rate of $21\%.($Note: Answer the following questions for each of the next six years.$)$

What net incremental earnings before interest, taxes, depreciation, and amortization will result from the renewal?

What net incremental operating profits after taxes will result from the renewal?

What net incremental operating cash flows will result from the renewal? Please show how to format this in excel; I do not need answers to questions rather than what formulas to use and how to set them up