Daily Enterprise is purchasing a $10.4 million machine. It will cost $50,000 to transport and install the machine. The machine has a depreciable life of five years using straight line depreciation and will have no salvage value. The machine will generate incremental revenues of $4.3 million per year along with incremental costs of $1.2 million per year. Dailys marginal tax rate is 21%. You are forecasting incremental free cash flows for Daily Enterprise. What are the incremental free cash flows associated with the new machine?

1- The free cash flow for year 0 will be $__

2- The free cash flow for years 1-5 will be $___