please solve

Question 8 (5 points) An Australian-based energy drink manufacturer plans to expand its international markets to the untapped East-Asian region. The company expects that the expansion will bring additional net Income of $50 million in the first year of the operation and amounts Increasing by $3.5 million for the next 6 years. What is the annual equivalent amount of the net income at an interest rate of 5% per year? 1) $37,888,620 O 2) $41,550,300 O 3) $52,340,890 O 4) $59,818,200