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pls solve! Daily Enterprises is purchasing a $11,000,000 machine. The machine will be depreciatod using straight-line dopreciation over its 5 year lile and wil have
pls solve!
Daily Enterprises is purchasing a $11,000,000 machine. The machine will be depreciatod using straight-line dopreciation over its 5 year lile and wil have no salvage value. The machine will generate revenues of $8,500,000 per year along with costs of $1,500,000 per yoar. If Daly's marginal tax rate is 36%, What will be the canh flow in each of years 1 to 5 (the cash flow will be the same aach year?? Enter your answer rounded to the nearest whole number. Enter your answer below Step by Step Solution
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