These are what I got.

Please give the answer on the third question. Answers in the first two are correct (given by the system). Many got the answer wrong for the first question as -19.4M. Please make sure the answer you give for the third question is correct.

You are a manager at Percolated Fiber, which is considering expanding its operations in synthetic fiber manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.8 million for this report, and I am not sure their analysis makes sense. Before we spend the $19.4 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): Project Year Earnings Forecast 9 10 Sales Revenue 25.000 25.000 25.000 25.000 - Cost of Goods Sold 15.000 15.000 15.000 15.000 = Gross Profit 10.000 10.000 10.000 10.000 - General, Sales and Administrative Expenses 1.552 1.552 1.552 1.552 - Depreciation 1.940 1.940 1.940 1.940 = Net Operating Income 6.508 6.508 6.508 6.508 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The free cash flow for year 0 is $ - 33.200 million. (Round to three decimal places.) The free cash flow for years 1 to 9 is $ 6.674 million. (Round to three decimal places.) The free cash flow for year 10 is 5 million. (Round to three decimal places.) You are a manager at Percolated Fiber, which is considering expanding its operations in synthetic fiber manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.8 million for this report, and I am not sure their analysis makes sense. Before we spend the $19.4 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): Project Year Earnings Forecast 9 10 Sales Revenue 25.000 25.000 25.000 25.000 - Cost of Goods Sold 15.000 15.000 15.000 15.000 = Gross Profit 10.000 10.000 10.000 10.000 - General, Sales and Administrative Expenses 1.552 1.552 1.552 1.552 - Depreciation 1.940 1.940 1.940 1.940 = Net Operating Income 6.508 6.508 6.508 6.508 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The free cash flow for year 0 is $ - 33.200 million. (Round to three decimal places.) The free cash flow for years 1 to 9 is $ 6.674 million. (Round to three decimal places.) The free cash flow for year 10 is 5 million. (Round to three decimal places.)