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Daily Enterprises is purchasing a $5,000,000 machine. The machine will be depreciated using straight-line depreciation over its 5 year life and will have no salvage

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Daily Enterprises is purchasing a $5,000,000 machine. The machine will be depreciated using straight-line depreciation over its 5 year life and will have no salvage value. The machine will generate revenues of $9,000,000 per year along with fixed costs of $1,000,000 per year. If Daily's marginal tax rate is 32%, what will be the cash flow in each of years 1 to 5 (the cash flow will be the same each year)? Enter your answer rounded to the nearest whole number. Enter your answer below. Correct responses 5,760,0001 If the discount rate is 6%, what is the NPV of the project? The cash flow each year is $5,760,000. Enter your answer rounded to the nearest whole number. Enter your answer below. Correct response: 19,263,215100 Should Daily accept or reject the project (choose one)? Enter your answer below. Accept Reject Correct response: Accept Find the Net Present value Break-even level of revenues, assuming the costs are all fixed costs. Enter your answer rounded to the nearest whole number

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