Daily Enterprises is purchasing a $ 9.8 million machine. It will cost $51,000 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 $4.2 million per year along with incremental costs of $1.3 million per year. Daily's marginal tax rate is 35%.

You are forecasting incremental free cash flows for Daily Enterprises. What are the incremental free cash flows associated with the new machine?

The free cash flow for year 0 will be ?

I BELIEVE THE ANSWER IS 9851000 .

The free cash flow for years 1-5 WILL BE ??

.

(Round to the nearest dollar.)