Daily Enterprises is purchasing a 59.7 million machine. It will cost $55,000 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 54.2 million per year along with incremental costs of S1.1 million per year. If Daily's marginal tax rate is 21%, what are the incremental earnings (net income) associated with the new machine? The annual incremental earnings are s (Round to the nearest dollar.)