P13 Oakdale 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) +Corporate Tax rate: 30% 1 Year 1 2 2 Revenue 125 160 3 Operating expenses (other than Depreciation) -40 -60 4 Depreciation -25 -36 5 NWC -2 -8 6 CapEx -30 -40 wwwww. + a. What are the incremental earnings for this project for years 1 and 2? b. What are the free cash flows for this project for the first two years?