Planet Enterprises is purchasing a $9.6 million machine. It will cost $ 47000 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 $3.9 million per year along with incremental costs of $1.5 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?

a.The free cash flow for year 0 will be $

b.The free cash flow for year1-5 will be $