Solarity Inc, is considering a new widget machine. They have spent $100.000 researching the market for this new product. The cost of the machine is $235,000 and it is in the 5-year MACRS category. The shipping and installation costs will total $58,000, The project is expected to have $500,000 per year in sales, and $350,000 in annual operating costs. The firm's tax rate is 21%. What is expected EBIT in year 2 of this project? Multiple Choice $56,240 $64,398 $82,627 $91,061