Question 13 of 15 < View Policies -/1 E III Current Attempt in Progress A beauty product company is developing a new fragrance named Happy Forever. There is a probability of 0.49 that consumers will love Happy Forever, and in this case, annual sales will be 1.00 million bottles; a probability of 0.36 that consumers will find the smell acceptable and annual sales will be 182,000 bottles; and a probability of 0.15 that consumers will find the smell unpleasant and annual sales will be only 46,000 bottles. The selling price is $38, and the variable cost is $11 per bottle. Fixed production costs will be $1.09 million per year, and depreciation will be $1.17 million. Assume that the marginal tax rate is 27 percent. What are the expected annual incremental after-tax free cash flows from the new fragrance? (Round answer to O decimal places, e.g. 5,275.) Annual incremental cash flows $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer