Daily Enterprises is purchasing a $10,000,000 machine. The machine will be depreciated using straight-line depreciation over its 8 year life and will have no Salvage value. The machine wil generate revenues of $7,000,000 per year along with foxed costs of $4,000,000 per year. Daily's marginal tax rate is 35%, what will be the cash flow in each of years 1 to 8 (the cash flow will be the same each year)? Enter your answer founded to the nearest whole number Enter your answer below. 2,387,500 Correct response 2,387,5001 If the discount rate is 12%, what is the NPV of the project? The cash flow each year is $2,387,500. Enter your answer rounded to the nearest whole number Enter your answer below. Number Should ally accept or reject the project choose one)? Enter your answer below. Accept Reject