Your answer is incorrect. A beauty product company is developing a new fragrance named Happy Forever. There is a probability of 0.50 that consumers will love Happy Forever, and in this case, annual sales will be 1.05 million bottles; a probability of 0.41 that consumers will find the smell acceptable and annual sales will be 175,000 bottles; and a probability of 0.09 that consumers will find the smell unpleasant and annual sales will be only 49,000 bottles. The selling price is $37, and the variable cost is $10 per bottle. Fixed production costs will be $1.09 million per year, and depreciation will be $1.19 million. Assume that the marginal tax rate is 27 percent. What are the expected annual incremental after-tax free cash flows from the new fragrance? (Round answer to O decimal places, e.g. 5,275.) Annual incremental cash flows $ 110531664 eTextbook and Media Save for Later Attempts: 1 of 3 used Submit Answer