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 $$1\mathrm{.}9$ million for this report, and I am not sure their analysis makes sense. Before we spend the $$30$ 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$)$:

$\backslash$table$[[,1,2,9,10],[$Sales revenue,$33\mathrm{.}000,33\mathrm{.}000,33\mathrm{.}000,33\mathrm{.}000],[-$ Cost of goods sold,$19\mathrm{.}800,19\mathrm{.}800,19\mathrm{.}800,19\mathrm{.}800],[=$ Gross profit,$13\mathrm{.}200,13\mathrm{.}200,13\mathrm{.}200,13\mathrm{.}200],[-$ General, sales, and administrative expenses,$2\mathrm{.}400,2\mathrm{.}400,2\mathrm{.}400,2\mathrm{.}400],[-$ Depreciation,$3\mathrm{.}000,3\mathrm{.}000,3\mathrm{.}000,3\mathrm{.}000],[=$ Net operating income,$7\mathrm{.}800,7\mathrm{.}800,7\mathrm{.}800,7\mathrm{.}800],[-$ Income tax,$2\mathrm{.}73,2\mathrm{.}73,2\mathrm{.}73,2\mathrm{.}73],[=$ Net inrnme,$57,5070,57n,5070]]$

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 $$ million. $($Round to three decimal places, and enter a decrease as a negative number.$)$

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 $$1\mathrm{.}9$ million for this report, and I am not sure their analysis makes sense. Before we spend the $$30$ 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$)$:

$\backslash$table$[[,1,2,9,10],[$Sales revenue,$33\mathrm{.}000,33\mathrm{.}000,33\mathrm{.}000,33\mathrm{.}000],[-$ Cost of goods sold,$19\mathrm{.}800,19\mathrm{.}800,19\mathrm{.}800,19\mathrm{.}800],[=$ Gross profit,$13\mathrm{.}200,13\mathrm{.}200,13\mathrm{.}200,13\mathrm{.}200],[-$ General, sales, and administrative expenses,$2\mathrm{.}400,2\mathrm{.}400,2\mathrm{.}400,2\mathrm{.}400],[-$ Depreciation,$3\mathrm{.}000,3\mathrm{.}000,3\mathrm{.}000,3\mathrm{.}000],[=$ Net operating income,$7\mathrm{.}800,7\mathrm{.}800,7\mathrm{.}800,7\mathrm{.}800],[-$ Income tax,$2\mathrm{.}73,2\mathrm{.}73,2\mathrm{.}73,2\mathrm{.}73],[=$ Net inronme,$57,570,570,570$