Question: Planet Enterprises is purchasing a $ 9 . 5 million machine. It will cost $ 4 6 comma 0 0 0 to transport and install

Planet Enterprises is purchasing a $ 9.5 million machine. It will cost $ 46 comma 000 to transport and install the machine. The machine has a depreciable life of five years using straight-line depreciation and will have no salvage value. The machine will generate incremental revenues of $ 4.2 million per year along with incremental costs of $ 1.1 million per year. Planet'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?
The free cash flow for year 0 will be $____

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