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Daily Enterprises is purchasing a $10.32 million machine. It will cost $74,586.00 to transport and install the machine. The machine has a depreciable life of

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Daily Enterprises is purchasing a $10.32 million machine. It will cost $74,586.00 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 $4.34 million per year along with incremental costs of $1.18 million per year. Daily's marginal tax rate is 36.00%. The cost of capital for the firm is 10.00% (answer in dollars..so convert milions to dollars) What is the yearly cash flow from the project? Answer Format: Currency: Round to: 2 decimal places

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