\begin{tabular}{lcc} \hline & Year 1 & Year 2 \\ \hline Revenues & 120.9 & 155.8 \\ Operating Expenses (other than depreciation) & 35.3 & 67.5 \\ Depreciation & 23.7 & 37.5 \\ Increase in Net Working Capital & 2.4 & 8.1 \\ Capital Expenditures & 26.1 & 41.3 \\ Marginal Corporate Tax Rate & 21% & 21% \\ \hline \end{tabular} Elmdale Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are difficult to estimate, management has projected the following cash flows for the first two years (in millions of dollars): a. What are the incremental earnings for this project for years 1 and 2? (Note: Assume any incremental cost of goods sold is included as part of operating expenses.) b. What are the free cash flows for this project for years 1 and 2