Project Beta is a 6-year project which requires an initial outlay of $5,000. This outlay will be depreciated using straight-line depreciation over the life of the project. It will generate incremental revenue of $2600 per year and incremental costs (excluding depreciation) of $300. The tax rate is 20%. What is the project's annual tax payable? O a. $1173 O b. $293 O c. $127 O d. $507