Part 1 of 4 ** points O Points: 0 of 4 Save Elmdale Enterprises is deciding whether to expand its production facilities. Although long term cash flows are cult to estimate management has projected the following cash flows for the first two years in milions of dollars) Revenues COGS and Operating expenses (other than depreciation) Depreciation Increase in working capital Capital expenditures Corporate tax rate Yeart 1121 421 270 59 29.0 20% Year 2 1633 40.0 343 78 45.3 20% a. What are the incrementaleamings for this project for years 1 and 2? Help me solve this View an example Get more help Clear all Check answer Save Elmdale 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) Revenues COGS and Operating expenses (other than depreciation) Depreciation Inresa in winnan Year 1 1121 421 279 50 Year 2 1633 469 343 78 a. What are the incremental earnings for this project for years 1 and 2? The incremental earnings for year 1 is million Round to one decimal place) Help me solve this View an example Get more help Clear all Check answer 5 Type here to search o 6 NX IN Lenovo WARRIOR STRONG Pse