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

Daily enterprises is purchasing a $10.3 million machine, it will cost $50,000 to transport and install the machine. The machine has a depreciable life of 5 years using straight-line depreciation and will have no slavage value. The machine will generate incremental revenues of $4.1 million per year along with incremental costs of $1.2 million per year. Daily's marginal tax rate is 28%. You are forecasting incremental cash flows for Daily Enterprises. What are the incremental free cash flows associated with the new machine?
The free cash flow for year 0 will be $_____.(Round to the nearest dollar.)

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