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Dally Enterprises is purchasing a $9.5 milion machine. It will cost $48,000 to transport and install the machine. The machine has a depreciable lfe of

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Dally Enterprises is purchasing a $9.5 milion machine. It will cost $48,000 to transport and install the machine. The machine has a depreciable lfe of five years using straight-line depreciation and will have no salvage value. The machine will genorate incremental revenues of $4.3 million per year along with incremental costs of $1.1 million per year. Daily's marginal tax rate is 21%. You are forecasting incremental free cash fows for Daily Enterprises. What are the incremental free cash fows associated with the new machine? The free cash fow for year 0 will be 1 (Round to the nearest dollar.)

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