10 Project Omega is a 3-year project which requires an initial outlay of $8,000, which will be depreciated over the life of the project to a book value of zero using straight-line depreciation. It will generate incremental revenue of $8,000 per year and incur incremental costs (excluding depreciation) of $4,560. The tax rate is 25%. What is the annual incremental earnings after tax from this project? (a) $558 (b) $171 (c) $580 (d) $751