Daily Enterprises is purchasing a $ 10.1 million machine. It will cost $ 48 comma 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 $ 4.2 million per year along with incremental costs of $ 1.1 million per year. Daily's marginal tax rate is 35 %. You are forecasting incremental free 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.)