You are considering opening another restaurant in the TexasBurgers chain. The new restaurant will have annual revenue of $294,600 and operating expenses of $147,300. The annual depreciation and amortization for the assets used in the restaurant will equal $49,100. An annual capital expenditure of $11,000 will be required to offset wear-and-tear on the assets used in the restaurant, but no additions to working capital will be required. The marginal tax rate will be 40 percent. Calculate the incremental annual after-tax free cash flow for the project. Incremental annual after-tax free cash flow