Daily enterprises is purchasing a 9.7 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 revenue of 4.1 million per year along with incremental costs of 1.2 million per year. Is the daily marginal tax rate is 35%, what are the incremental earnings (net income ) associated with the new machine?