A new high-tech machine costs $5 million and is expected to have a five-year life. It will be deprecated on a straight line basis over five years to zero book and salvage) value. The new machine will have gross profits of $2,500,000 per year and operating costs of $500,000 per year. The firm's tax rate is 40%. Ignoring changers in net working capital, the annual net cash flow in years one through five Is.. 031,200,000 $600,000 $1,000,000 $1,600,000 $2,200,000