Course Herois considering a new 3-year-long projectthat would involve using specialized scanning software to scan submitted screenshots in low resolution and convert them into high-resolution text documents that there's currently a strong market for.

• Course Herorequires a 15percentannual return on this uncertain project, high enough to compensate for the underlying uncertainty of future cash inflows.
• A decision to accept the project would be followed by an immediate investment of $1.3 million into purchasing the software. At the end of the project Course Hero is hoping to be able to find a different company in similar line of business that would be willing to pay$100,800 for the software and its future ownership. Like other similar software, its value will be dropping over its economic life according to the 3-year MACRSdepreciation schedule. (See thisMACRS Table)
• Course Heropays taxes on its annual income and other taxable cash flows according to a 31% tax rate.
• Course Hero estimates $1,152,000 in sales revenues and $460,800in operating costs each year of the project.
• Course Herowould also need to spend $144,000 right away to build a cash buffer that would be used to draw the funds to cover the expenses to quickly hire specialists to fix any unforeseen software bugs that may arise throughout the life of the project.

(Do not round your intermediate calculations.)

Required:
(a)	The project's year 0 total cash flow = _____
	(Click to select) -1,371,800 -1,299,600 -1,444,000 -550,123 -580,686

(b)	The project's estimated year 1 total cash flow = _____
	(Click to select) 580,686 641,810 672,373 550,123 611,248

(c)	The project's estimated year 2 total cash flow = _____
	(Click to select) 550,123 641,810 688,865 623,258 656,062

(d)	The project's estimated year 3 total cash flow = _____
	(Click to select) 741,025 780,027 819,028 702,024 641,810

(e)	The Net Present Value of this project = _____