Daily enterprises is purchasing a $10.3 million machine. it will cost $49,000 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 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?

a) the free cash flows for year 0 will be?

b)the free cash flows for years 1-5 will be?