Question: 14 Daily Enterprises is purchasing a $10.4million machine. It will cost $47,000 to transport and install the machine. The machine has a depreciable life of

14 Daily Enterprises is purchasing a $10.4million machine. It will cost

14 Daily Enterprises is purchasing a $10.4million machine. It will cost $47,000 to transport and install the machine. The machine has a depreciable life of five years. The machine will generate incremental revenues of $4.2 million per year along with incremental costs of $1.1 million per year. If Daily's marginal. tax rate is 21%, what are the incremental earnings (net income) associated with the new machine? a. $1,010,600 O b. $212,226 Oc. $624,100 Od.$798,374

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