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Please only answer if you are sure of accuracy, please avoid using excel.Daily Enterprises is purchasing a $ 9 . 6 million machine. It will

Please only answer if you are sure of accuracy, please avoid using excel.Daily Enterprises is purchasing a $ 9.6 million machine. It will cost $ 51000 to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. Assume that CCA deductions are the same as depreciation expenses. The machine will generate incremental revenues of $ 3.8 million per year along with incremental costs of $ 1.3 million per year. If Daily's marginal tax rate is 35%, what are the incremental earnings associated with the new machine?
The annual incremental earnings are $______

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