Current Attempt in Progress A beauty product company is developing a new fragrance named Happy Forever. There is a probability of 0.46 that consumers will love Happy Forever, and in this case, annual sales will be 1.00 million bottles; a probability of 0.36 that consumers will find the smell acceptable and annual sales will be 174,000 bottles; and a probability of 0.18 that consumers will find the smell unpleasant and annual sales will be only 52,000 bottles. The selling price is $39, and the variable cost is $8 per bottle. Fixed production costs will be $1.05 million per year, and depreciation will be $1.20 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 0 decimal places, e 8. 5.275.) Annual incremental cash flows $