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Daily Enterprises is purchasing a $ 1 0 . 1 million machine. It will cost $ 5 3 , 0 0 0 to transport and

Daily Enterprises is purchasing a $10.1 million machine. It will cost $53,000 to transport and install the machine. The machine
has a depreciable life of five years using straight-line depreciation and will have no salvage value. The machine will generate
incremental revenues of $4.1 million per year along with incremental costs of $1.5 million per year. Daily's marginal tax rate is
21%. You are forecasting incremental free cash flows for Daily Enterprises. What are the incremental free cash flows associated
with the new machine?
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