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Total corporate financial projections for a fiscal year with and without a potential project are presented below: Item Without project With project Revenues $17,557,000 $19,488,000

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Total corporate financial projections for a fiscal year with and without a potential project are presented below: Item Without project With project Revenues $17,557,000 $19,488,000 Costs -$4,916,000 -$6,489,000 Depreciation -$2,458,000 -$3,466,000 Corporate taxes are paid based off the usual accounting measure at the following rates per the table below: Over But not over Tax is of the amount over 50 $1,886,000 44.4% $0 $1,886,000 $2,548,000 5837,384 + 41.1% $1,886,000 $2,548,000 $7,722,000 $1,109,466 + 38.1% $2,548,000 $7,722,000 $10,183,000 $3,080,760 + 34.4% $7,722,000 $10,183,000 $17,557,000 $3,927,344 + 31.6% $10,183,000 $17,557,000 56,257,528 + 28.2% $17,557,000 What is the incremental net operating income if the firm pursues this project? O a. -$361,400.00 b. -$426,400.00 C. -$406,138.00 O d. -$393 592.00 O e-$416 559.00 of $435,463.00 Og $444,600.00

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