You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.3 million for this report, and I am not sure their analysis makes sense. Before we spend the $21 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): 1 2 9 10 32.000 19.200 Sales revenue - Cost of goods sold = Gross profit - General, sales, and administrative expenses - Depreciation = Net operating income 32.000 19.200 12.800 1.680 2.100 32.000 19.200 12.800 1.680 2.100 32.000 19.200 12.800 1.680 2.100 9.020 12.800 1.680 2.100 9.020 9.020 9.020 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate 0 the proposed project? You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.3 million for this report, and I am not sure their analysis makes sense. Before we spend the $21 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): 1 2 9 10 32.000 19.200 Sales revenue - Cost of goods sold = Gross profit - General, sales, and administrative expenses - Depreciation = Net operating income 32.000 19.200 12.800 1.680 2.100 32.000 19.200 12.800 1.680 2.100 32.000 19.200 12.800 1.680 2.100 9.020 12.800 1.680 2.100 9.020 9.020 9.020 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate 0 the proposed project