Please help me solve a and b

Atlantic Telecom reported net income of $255.9 million for the most recent fiscal year. The firm had CCA deductions of $105.8 million (assume reported depreciation was equal to this CCA), capital expenditures of $205.7 million, and no interest expenses. Net working capital (MWC) increased by $9.9 million. Calculate the free cash flow for Atlantic Telecom for the most recent fiscal year. The free cash flow is $D million. (Round to one decimal place ) Etobicoke Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are difficult o estimate, management has projected the following cash flows for the first two years (in millicns of dollars). (Click on the icon located on the top-right corner of the data table below to copy its information into a spreadsheet.) Year 1 Year 2 = Revenues 121 158 Cost of goods sold and Operating Expenses other than depreciation 42 55 Capital cost allowance 28 35 Increase in working capital 5 8 Capital Expenditures 31 38 Marginal Corporate Tax Rate 35% 35% 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.) a. Calculate the incremental earnings for Year 1 of this project below. Incremental Earnings Forecast (millions) Year 1 Sales $ Qperating Expenses CCA EBIT $ Income tax at 35% Unlevered Net Income $ (Round the final answer to two decimal places. Round all intermediate values to two decimal places as needed.) millions of dollars) (Click on the icon located on the top-right corner of the data table below o copy its information into a spreadsheet ) Year 1 Year 2 o Revenues 121 158 Cost of goods sold and Operating Expenses other than depreciation 42 55 Capital cost allowance 28 35 Increase in working capital 5 8 Capital Expenditures 31 38 Marginal Corporate Tax Rate 35% 35% 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 the first two years? a. Calculate the incremental earnings for Year 1 of this project below. Incremental Earnings Forecast (millions) Year 1 Sales $ Operating Expenses CCA EBIT $ Income tax at 35% Unlevered Net Income $ (Round the final answer to two decimal places. Round all intermediate values to two decimal places as needed.)