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Allendale Enterprises is deciding whether to expand its production facilities. The management team has projected the following cash flows for the first three years (in

Allendale Enterprises is deciding whether to expand its production facilities. The management team has projected the following cash flows for the first three years (in millions of dollars):

Revenue
yr1:130
yr2:140
yr3:150
Costs
yr1:60
yr2:65
yr3:70
Depreciation
yr1:25
yr2:25
yr3:25
Net Working Capital
yr1:20
yr2:22
yr3:23
Assume that Allendale has zero net working capital now and the tax rate is 30%. What is the incremental free cash flow for year 3?

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