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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 $12,759,000 $14,290,000
Total corporate financial projections for a fiscal year with and without a potential project are presented below: Item Without project With project Revenues $12,759,000 $14,290,000 Costs -$3,317,000 -$4,976,000 Depreciation -$2,041,000 -$2,898,000 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 $0 $1,830,000 50.7% $0 $1,830,000 $2,731,000 $927,810 + 46.8% $1,830,000 $2,731,000 $4,876,000 $1,349,478 + 43.6% $2,731,000 $4,876,000 $7,401,000 $2,284,698 + 40.8% $4,876,000 $7,401,000 $12,759,000 $3,314,898 + 37.3% $7,401,000 $12,759,000 $5,313,432 + 34.9% $12,759,000 What is the incremental net operating income if the firm pursues this project? Total corporate financial projections for a fiscal year with and without a potential project are presented below: Item Without project With project Revenues $12,759,000 $14,290,000 Costs -$3,317,000 -$4,976,000 Depreciation -$2,041,000 -$2,898,000 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 $0 $1,830,000 50.7% $0 $1,830,000 $2,731,000 $927,810 + 46.8% $1,830,000 $2,731,000 $4,876,000 $1,349,478 + 43.6% $2,731,000 $4,876,000 $7,401,000 $2,284,698 + 40.8% $4,876,000 $7,401,000 $12,759,000 $3,314,898 + 37.3% $7,401,000 $12,759,000 $5,313,432 + 34.9% $12,759,000 What is the incremental net operating income if the firm pursues this project
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