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Please answer and show step by step solution: Daily Enterprises is purchasing a $ 1 0 . 1 million machine. It will cost $ 4

Please answer and show step by step solution: Daily Enterprises is purchasing a $10.1 million machine. It will cost $45,000 to transport and
install the machine. The machine has a depreciable life of 5 years using straight-line
depreciation and will have no salvage value. The machine will generate incremental revenues
of $4.3 million per year along with incremental costs of $1.2 million per year. Daily's marginal
tax rate is 30%. You are forecasting incremental free cash flows for Daily Enterprises. What
are the incremental free cash flows associated with the new machine?
Question: The free cash flow for years 1dash5 will be:
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