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pls solve! Daily Enterprises is purchasing a $9,000,000 machine. The machine will be depreciated using straight-line depreciation over its 7 year iile and will have
pls solve!
Daily Enterprises is purchasing a $9,000,000 machine. The machine will be depreciated using straight-line depreciation over its 7 year iile and will have no salvage value. The machine will generate revenues of $9,500,000 per year along with foxed costs of $3,500,000 per year, If Daily's marginal tax rate is 36%, what will be the cash flow in each of years 1 to 7 (the cash flow will be the sarne each yoar)? Enter your answer rounded to the nearest whole number. Enter your answer below Step by Step Solution
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