can you please help me with part a and b please?

Elmdale Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are clifficult to estimate, management has projected the following cash flows for the first two years (in millions of dollars): E 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? included as part of operating expenses.) a. What are the incremental eamings for this project for years 1 and 2? (Note: Assume any incremental cost of goods sold Calculate the incremental eamings of this project below: (Round to one decimal place.) Incremental Earnings Forecast (millions) Year 1 Year 2 Sales $ Operating Expenses $ $ Depreciation $ EBIT $ Income tax at 21% $ $ Unlevered Net Income $ 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 dollars): a. What are the incremental eamings 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? Data table a. What are the incremental eamings (Click on the following icon in order to copy its contents into a spreadsheet.) Calculate the incremental earnings of Incremental Earnings Forecas Sales Operating Expenses Depreciation Revenues Operating Expenses (other than depreciation) Depreciation Increase in Net Working Capital Capital Expenditures Marginal Corporate Tax Rate Year 1 124.8 35,6 28.2 3.5 30.3 21 % Year 2 152.9 51.1 35.6 7.7 40.9 21% EBIT Income tax at 21% Unlevered Net Income