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You are a manager at Percolated Fiber, which is considering expanding its operations by starting a new project. Your boss said to you We

You are a manager at Percolated Fiber, which is considering expanding its operations by starting a new project. Your boss said to you "We already owe these consultants $2.3 million, and all they estimated is
Net Income. Before we spend $14 million on new equipment for this project, look the report over and give me your opinion." Here are the report's estimates (in millions of dollars; note that the question is
continued below, so you need to scroll down to see it all):
Everything that the consultants have calculated is correct, as far as it goes (in other words, you do NOT need to recalculate Net Income). The project will require $9 million in working capital upfront (year 0),
which will be fully recovered in the last year of the project (year 2).
What are the correct free cash flows (FCFs) to be used when evaluating this project? Report them in millions of dollars, not in dollars.
The first relevant period's FCF is:
The second relevant period's FCF is:
The third relevant period's FCF (if any) is:
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