The Chris Corporation is considering a plan in which it would increase the size of its operations. As a result of the increased operations, without considering the cost of borrowing, the company expects income before taxes to increase by $11,000,000 per year in years 1-3, and $10,000,000 per year in years 4-9. To increase its operations the company would issue $100,000,000, 7%, 9-year bonds. The company expects to be able to issue the bonds at their principal.

Calculate the Corporation's total expected 9-year increase in income before taxes after considering the cost of borrowing.

	a.	$30,000,000 increase
	b.	$63,000,000 decrease
	c.	$93,000,000 increase
	d.	$7,000,000 decrease