Question: Daily Enterprises is purchasing a $ 1 0 . 2 million machine. It will cost $ 5 1 comma 0 0 0 to transport and

Daily Enterprises is purchasing a $10.2 million machine. It will cost $51 comma 000 to transport and install the machine. The machine has a depreciable life of 5 years using straight-line depreciation and will have no salvage value. The machine will generate incremental revenues of $3.9 million per year along with incremental costs of $1.2 million per year. Daily's marginal tax rate is 30%. You are forecasting incremental free cash flows for Daily Enterprises. What are the incremental free cash flows associated with the new machine?
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Part 1
The free cash flow for year 0 will be $
enter your response here. (Round to the nearest dollar.)

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