You have been asked to analyze a new factory being built by International Harvester. The factory will cost $$50$ million, and the firm will borrow $$25$ million on a $10-$year balloon payment loan, atra $7\%$ interest rate. The factory is expected to generate $$5$ million in pretax operating income each year for the next $10$ years, after depreciation of $$5$ million a year. Estimate the net income each year for the next $10$ years if the firm. has a tax rate of $40\%.$ Estimate the after$-$tax cash flows to equity each year for the next $10$ years on the International Harvester factory.