22) CathFoods will release a new range of candies which contain anti-oxidants. New equipment to manufacture the candy will cost $3.8 million which will be depreciated by straight-line depreciation over eleven years. In addition, there will be $3 million spent on promoting the new candy line. It is expected that the range of candies will bring in revenues of $5 million per year for five years with production and support costs of $1.5 million per year. If CathFoods' marginal tax rate is 25%, what are the incremental earnings in the second year of this project? A) $1.972 million B) $2.129 million C) $2.366 million D) $2.342 million