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The Samsung marketing department has estimated demand for a new device and expects to sell 3 million units at a price of $320 each. It

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The Samsung marketing department has estimated demand for a new device and expects to sell 3 million units at a price of $320 each. It costs $50 million each year to run the factory, independent of the level of production. Labor and components for each device add up to $220 per unit. Samsung's marginal tax rate is 0.34, and the annual depreciation attributable to the project is $40 million. IB Attempt 1/8 for 10 pts. Part 1 What is EBIT in each year of operation (in $ million)? 0+ decimals Submit IB Attempt 1/8 for 10 pts. Part 2 What is the cash flow in each year of operation (in $ million)? 0+ decimals

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