Question: Can you please help me. Show all the steps with handwriting. Thanks Determining Incremental Free Cash Flow You have a depreciation expense of $600,000 and

Can you please help me. Show all the steps with handwriting. Thanks  Can you please help me. Show all the steps with handwriting.

Determining Incremental Free Cash Flow You have a depreciation expense of $600,000 and a tax rate of 35%, what is your depreciation tax shield? For an ongoing, 5-year project, you have forecast incremental earnings of $1, 500,000 for year 3 of the project. This includes the effect of $350,000 in depreciation for year 3. You also forecast a decrease in net working capital of $150,000 for year 3. What is your free cash flow for year 3 of the project

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