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*Need help with free flow for years 1-5* Daily Enterprises is purchasing a $ 9.8 million machine. It will cost $ 53,000 to transport and

*Need help with free flow for years 1-5*

Daily Enterprises is purchasing a $ 9.8 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 $ 3.9 million per year along with incremental costs of $ 1.2 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 $ -9,853,000 . (Round to the nearest dollar.)

The free cash flow for years 1-5 will be $ ___. (Round to the nearest dollar.)

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