Question: Daily Enterprises is purchasing a $9,000,000 machine. The machine will depreciated using straight-line depreciation over its 6 year life and will have no salvage value.

Daily Enterprises is purchasing a $9,000,000 machine. The machine will depreciated using straight-line depreciation over its 6 year life and will have no salvage value. The machine will generate revenues of $8,000,000 per year along with costs of $4,000,000 per year. If Daily's marginal tax rate is 36%, what will be the cash flow in each of years one to 6 (the cash flow will be the same each year)? Enter your answer below rounded to the nearest whole number.

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