Use the information for the question(s) below. The Sisyphean Corporation is considering investing in a new cane manufacturing machine that has an estimated iffe of three years. The cost of the machine is 530,00 and the machine will be depreciated straight line over its three - year life to a residual value of $0. The cane manulacturing machone 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 pe cane that Sisyphean will charge its customers is $18 each and is to temain constant. The canes have a manufacturing cost of $9 each. Instaliation of the machine and the resulting increase in manufacturing capacity will require an increase in vanous net working capital accounts. It is estirnated that the Sisyphean Corporation needs to hold 2% of its arnual sales in cash, 4% of its annual gales in accounts recoivable, 9% of its annual sales in inventory. and 6% of its annaal salos in accounts payable. The firm is in the 21% tax bracket, and has a cost of capital of 10%. The incremental EBIT in the first year for the Sisyphean Corporation's project is closont to: A. $11,700. B. $18,000 C. 55200