Question: Planet Enterprises is purchasing a $9.5 million machine. It will cost $51 000 to transport and install the machine. The machine has a depreciable life

 Planet Enterprises is purchasing a $9.5 million machine. It will cost

Planet Enterprises is purchasing a $9.5 million machine. It will cost $51 000 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 wil generate incremental revenues of $4.1 million per year along with incremental costs of $13 milion 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 o will be $ (Round to the nearest dolar)

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