Problem
Daily Enterprises is purchasing a $9.8 million machine, It will cost $46,090 to transport and insiall the machine. The machine has a depreciable Win of five years and will have no salvage value. The machine wil gonorain Incremental revenues of $3.8 million per year along with incremental costs of $1.1 million per year. If Daily's marginal tax rate $ 35%%, what are the Incremental earrings (net Income) associated with the new machine?