You are working at Peak Processes, which is considering adding a new product line. Your boss said to you We already owe these consultants $1.26 million, and all they estimated is Net Income. Before we spend $36 million on new equipment for this project, look the report over and give me your opinion. Here are the reports estimates (in millions of dollars; note that the question is continued below, so you need to scroll down to see it all): 1 2 Sales revenue 77.0 77.0 - Cost of goods sold 42.0 42.0 Gross profit 35.0 35.0 -Selling, gen. & admin. exp. 4.0 4.0 -Depreciation 18.018.0 Net operating income 13.0 13.0 - Income tax5.0 5.0 _____ ____ Net Income 8.08.0 Everything that the consultants have calculated is correct, as far as it goes. The project will require $14 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. [Note: You MUST show your work for the possibility of partial credit. Briefly show your calculations but do not explain them except to label the numbers you give. By labels, I mean column and row headings such as "Depreciation" or "Year 2), and make it clear whether you are adding or subtracting I'd prefer that you keep the column/row formatting of the earlier calculations. Do NOT repeat the numbers before Net Income - just show the calculations after that, to get the final FCFs for each period.] Question content area bottom Part 1 The first relevant period's FCF is:enter your response here The second relevant period's FCF is:enter your response here The third relevant period's FCF (if any) is:enter your response here