Daily Enterprises is purchasing a machine that will generate incremental sales revenues of 54 milion per year. Variable costs will be 20% of sales and fixed costs will be s0.4 million per year. Depreciation will be $2 million dollars per year. if Daily's marginal tax rate is 35%,what is the annual cash flow associated with the new machine? 1. $0.52 milion 2. $1.82 million 3. $2.52 milion 4. $2.80 million 5. $3.12 million