please do in excel

20. Drake Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It wi cost$7,000,000 to buy the machine and $10,000 to have it delivered and installed. Building a clean roo in the plant for the machine will cost an additional $3 million. The machine is expected to raise gross profits by $4,000,000 per year over its working life, starting at the end of the first year. Additional sellin general, and administrative (SG\&A) expenses of \$1 million will also be required for each of those years The machine is expected to have a working life of seven years and will be depreciated on a straight-line basis over those seven years. The marginal tax rate is 40%. What are the incremental free cash flows associated with the new machine in year 2 ? 21. Valdez Building Products, Inc., reports that last year it had unlevered net income of $4.1 million, depreciation expenses of $2.4 million, capital expenditures of $2.0 million, and Net Working Capital decreased by $1.1 million. What was the firm's free cash flow last year