Question 6 20 pts Use the information for the question(s) below. Before the project starts (year 0), the Sisyphean Corporation is considering investing in a new cane manufacturing machine that has an estimated life of three years. The cost of the machine is $30,000 and the machine will be depreciated straight line over its three-year life to a residual value of $0. The cane manufacturing machine will result in sales of 2000 canes in year 1. Sales are estimated to grow by 10% per year each year through year three. The price per cane that Sisyphean will charge its customers is $18 each and is to remain constant. The canes have a manufacturing cost of $9 each. Installation of the machine and the resulting increase in manufacturing capacity will require various net working capital accounts. However, we assume that the existing manufacturing has sufficient NWC, and no increase is needed. The firm is in the 21% tax bracket, and has a cost of capital of 10%. a. The EBIT in the first year for the Sisyphean Corporation's project is closest to: [Select]