Essex Corporation is planning an equity issue to finance a new project. Essex plans to issue 100,000 shares of stock. Projected EPS after completion of the project is $12 and the total shares outstanding will be 200,000. What are the projected after-tax earnings after completion of the project? Select one: 0 a. $2 million o b. $2 4million O c. $2.6 million O d. None of the above