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Daily Enterprises is purchasing a $ 1 0 . 3 1 million machine. It will cost $ 5 5 , 3 7 3 . 0

Daily Enterprises is purchasing a $10.31 million machine. It will cost $55,373.00 to transport and install the machine. The machine has a depreciable life of five years using the straight-line depreciation and will have no salvage value. The machine will generate incremental revenues of $4.37 million per year along with incremental costs of $1.23 million per year. Daily's marginal tax rate is 38.00%.
The cost of capital for the firm is 15.00%.
(answer in dollars .so convert millions to dollars)
What is the yearly casthiow from the project?
Answer format: Currency: Round to: 2 decimal places.
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