Daily Enterprises is purchasing a $10.3 million machine. It will cost S46,000 to transport and instal the machine. The machine has a depreciable life of five years and will have no salvage value. The machine will generate incremental revenues of $3.8 million per year along with incremental costs of $1.3 million per year. Daily’s marginal tax rate is 35%, what are the incremental earnings et income) associated with the new machine? The annual incremental earnings are