You purchased a machine for $1.17 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 21%. If you sell the machine today (after three years of depreciation) for $700,000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be $nothing. (Round to the nearest cent.)

Daily Enterprises is purchasing a $9.8 million machine. It will cost $52,000 to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. The machine will generate incremental revenues of $4.2 million per year along with incremental costs of $1.4 million per year. If Daily's marginal tax rate is 21%, what are the incremental earnings (net income) associated with the new machine? The annual incremental earnings are $nothing.

You have forecast pro forma earnings of $1,058,000. This includes the effect of $166,000 in depreciation. You also forecast a decrease in working capital of $101,000 that year. What is your forecast of free cash flows for that year? The free cash flows from earnings will be $nothing. (