You are reviewing the cash flows estimated by an analyst for a seven-year project. The after-tax cash flow each year is expected to be $28 million, but those cash flows are after an allocation of $ 22 million in G&A expenses to this project each year. If only 53% of these G&A expenses are variable (and related to this project) and the tax rate is 40%, what is the correct incremental cash flow each year on this project? Select one: a. $26.0 million b. $34.99 million c. $ 30.52 million d. $ 28.0 million e. $33.4 million f. $ 34.20 million