Daily Enterprises is purchasing a $9,000,000 machine. The machine will be depreciated using straight-line depreciation over its 7-year life and will have no salvage value. The machine will generate revenues of $8,000,000 per year along with fixed costs of $2,000,000 per year. If Daily's marginal tax rate is 36%, what will be the cash flow in each of years 1 to 7 (the cash flow will be the same each year)? Answer: 4,302,857 If the discount rate is 7%, what is the NPV of the project? The cash flow each year is $4,302,857. Answer 14,189,342

C) 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.

Please answer C. Thank you!