Question: Dalty Enterpnses is purchasing a $7,000,000 machine. The machine wil be depreciated using straightline depreciation over its 7 year life and wit have no salvage
Dalty Enterpnses is purchasing a $7,000,000 machine. The machine wil be depreciated using straightline depreciation over its 7 year life and wit have no salvage value the machine will generate revenues of 59,500,000 per year along with costs of 51,500,000 per year. If Day's marginal tax rate is 25\%, what will be the cash flow in each of years 1 to 7 (the cash fow will be the same each year)? Enter your answer rounded to the nearest whole number. Enter your answer below
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