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Corporate financial projections for a fiscal year for an entire firm both with and without a potential project are presented below: Item Revenues Entire Firm

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Corporate financial projections for a fiscal year for an entire firm both with and without a potential project are presented below: Item Revenues Entire Firm Without project $17,570,000 $7,731, 000 $3, 163,000 Entire Firm With project $21,500,000 $8,950,000 $4,300,000 Fixed and Variable Costs Depreciation The marginal tax brackets for the firm are given in the following table: Over But not over Tax is of the amount over $0 $950,000 52.2% $0 $950,000 $950,000 $1, 727,000 $1, 727,000 $4,934, 000 $6,676,000 $17,570,000 $4,934, 000 $495, 900 + 49.1% $877, 407 + 46.2% $ 2, 359, 041 + 43.4% $3, 108, 101 + 40.5% $7,509, 277 + 38.0% $1, 727,000 $4,934, 000 $6,676,000 $17,570,000 $6,676,000 $17,570,000 The incremental net operating income (i.e. NOPAT or Net Operating Profit After Taxes) if the firm pursues this project is $ (Round your answer to the nearest dollar)

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