Daily Enterprises is purchasing a $$10\mathrm{.}3$ million machine. It will cost $$53,000$ to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. The machine will generate incremental revenues of $$3\mathrm{.}9$ million per year along with incremental costs of $$1\mathrm{.}5$ million per year. If Daily's marginal tax rate is $35\%,$ what are the incremental earnings $($net income$)$ associated with the new machine?

The annual incremental earnings are $

$($Round to the nearest dollar.$)$