Suppose a firm's tax rate is 25%. 1. What effect would a $10 million expense in selling, general, and administrative (SG&A) have on this year's earnings? [Select] What effect would it have on this year's FCF? [Select] 2. What effect would a $10 million capital expenditure have on this year's earnings if the capital is depreciated at a rate of $2 million per year for five years, starting next year? [Select] What effect would it have on this year's FCF? [Select] 3. What effect would a $10 million capital expenditure have on next year's earnings if the capital is depreciated at a rate of $2 million per year for five years, starting next year? [Select] * What effect would it have on next year's FCF? [Select]