Daily Enterprises is purchasing a $8,000,000 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 $7,000,000 per year along with fixed costs of $1,000,000 per year. If Daily's marginal tax rate is 29%, 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 response: 4,724,0001 If the discount rate is 10%, what is the NPV of the project? The cash flow each year is $4,724,000. Enter your answer rounded to the nearest whole number. Enter your answer below. Should Daily accept or reject the project (choose one)? Enter your answer below. Accept Reject