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After extensive research, which cost the company $ 2 0 , 0 0 0 last year, Cameron Industries has decided to purchase a new chemical

After extensive research, which cost the company $20,000 last year, Cameron Industries has decided to purchase a new chemical vapor depositor in order to make silicon chips. Cameron Industries will purchase the machine today for $3,000,000. The machine is expected to raise gross profits by $2,500,000 per year for four years, starting at the end of the first year (t=1 to t=4) and will have associated costs of $800,000 for each of those years. The machine is expected to have a working life of four years and will be depreciated straight-line over those four years. At the end of year five, you can sell the machine for $100,000. The marginal tax rate is 40%. What are the FCF for years 0-5?

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