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Daily Enterprises is purchasing a $10.47 million machine. Itwill cost $64,199.00 to transport and install the machine. Themachine has a depreciable life of five years using thestraight-line depreciation and will have no salvage value. Themachine will generate incremental revenues of $4.34 million peryear along with incremental costs of $1.45 million per year.Daily’s marginal tax rate is 38.00%.The cost of capital for the firm is 10.00%.(answer in dollars..so convert millions to dollars)What is the year 0 cash flow for the project?Daily Enterprises is purchasing a $10.47 million machine. Itwill cost $64,199.00 to transport and install the machine. Themachine has a depreciable life of five years using thestraight-line depreciation and will have no salvage value. Themachine will generate incremental revenues of $4.34 million peryear along with incremental costs of $1.45 million per year.Daily’s marginal tax rate is 38.00%.The cost of capital for the firm is 10.00%.(answer in dollars..so convert millions to dollars)What is the yearly cash flow from the project?What is the year 0 cash flow for the project?The project will run for 5 years. What is the NPV of the projectat the current cost of capital?