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Daily Enterprises is purchasing a $9.6 million machine it will cost $53,000 to transport and install the machine. The machine has a depreciable life of
Daily Enterprises is purchasing a $9.6 million machine it will cost $53,000 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 $39 million per year along with incremental costs or $1.1 million per year. Daily's marginal tax rate is 21% You are forecasting increment free cash flows for Daily Enterprises. What are the incremental free cash flows associated with the new machine? The tree cash now for year will be $ (Round to the nearest dotar)
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