please answer all the question thank you, i will give a thumb up if its correct :)

You are a manager at Percolated Fiber, which is considering expanding its operations in synthetic fiber manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.5 million for this report, and I am not sure their analysis makes sense. Before we spend the $27.4 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): Project Year Earnings Forecast 1 2 9 10 Sales Revenue 31.000 31.000 31.000 31.000 - Cost of Goods Sold 18.600 18.600 18.600 18.600 = Gross Profit 12.400 12.400 12.400 12.400 - General, Sales and Administrative Expenses 2.192 2. 192 2.192 2.192 - Depreciation 2.740 2.740 2.740 2.740 = Net Operating Income 7.468 7.468 7.468 7.468 - Income Tax 2.614 2.614 2.614 2.614 a. Given the available information, what are the free cash flows in years through 10 that should be used to evaluate the proposed project? The free cash flow for year is $ - 36.000 million. (Round to three decimal places.) The free cash flow for years 1 to 9 is $ 8.306 million (Round to three decimal places.) The free cash flow for year 10 is $ 16.906 million. {Round to three decimal places.) b. If the cost of capital for this project is 16%, what is your estimate of the value of the new project? If the cost of capital for this project is 16%, the value of the project is $ 6.094 million. (Round to three decimal places.) You accept the project. (Choose from the drop-down menu.)