The FCF for year 0 = (29.000) and 1 = 7.704 are correct, i just need year 2 to 10 pls

You are a managen at Northem Fibre, which is considering expanding its operations in symthebic fibre manufacturing. Your boss comes into your otfice, drope a consulari's report on your desk, and oomplains, We owe these consultants $1.1 mellion for this report, and I am not sure their analysis makes sense. Before we spend the $16 milion on new equipment needed for this projoct, look it over and give me your opinion." You open the report arnd find the following estimates fin milions of doilarsk All of tine estimates in the report seom correct. You note that the consultants used straight-line doprociation for the new equiprnent that will be puli inased today Cyo. 0). which is what the accounting dopartment rocommendod for financial reporting purposes. CRA allows a CCA rate of 30% on the equipment for tax purposes. The The report concludes that because the project will increase earnings by $5.408 milion per year for 10 years, the project is worth- $54.08 million. You think back to your giloiy days in firance class and realize there is more work bo bo donet First you note that the consuitants have not factored in the fact that the project wil require $13 million in working capital up front (yoar 0 ), which will be fuly All of the estimates in the report seem correct. You note that the consultants used straight-line depreciation for the new equipment that wil be purchased today (year 0). which ts what the accounting department recommended for financial repoting purposes. CRA allows a CCA rate of 30 - on the equipment for tax purposes. The report concludes that because the project will increase earnings by $5.408 miltion per yoar for 10 years, the project is worth $54.08 million. You think back to your glory days in finance class and realizo there is more work to be done! First you note that the consullants have not factored in the fact that the project will require $13 million in working capital up front (year 0 ), which will be fully recovered in year 10 . Next you see they have attributed $1.28 milion of selling. goneral and administrative expenses to the project, but you know that $0.64 mallion. of this amount is ovorhead that will be incurred even if the projoct is not accepted. Finally, you know that accounting earnings are not the right thing to focus ont a. Civen the availablo information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The fieo cash fiow for yoar 0 is : million. (Round to throe docimal places, and enter a decrease as a nogative number.) Tha fieo cash flow for year 1 is 57.704 milion. (Round to three decimal places, and enter a decrease as a megative number.) Tha ftee cash flow for year 2 is 5 million. (Round to three decimal places, and enter a decrease as a negative number.)