Daily Enterprises is purchasing a $ $9\mathrm{.}9$ million machine. It will cost $ $53$ comma $000$ to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. Assume that CCA deductions are the same as depreciation expenses. The machine will generate incremental revenues of $ $4\mathrm{.}2$ million per year along with incremental costs of $ $1\mathrm{.}4$ million per year. If$$ Daily's marginal tax rate is $35\%,$ what are the incremental earnings associated with the new$$ machine?

Question content area bottom

Part $1$

The annual incremental earnings are $$$

$$

enter your response here. $($Round to the nearest$$ dollar.$)$