Home Insert Draw Layout Review View Select Objectsa Draw with Touch nave a posiuve Nrv. Chapter 10 Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. Tax rate is 35 percent and the equired return on the project is 12 percent. 33. What is the OcF for this project? (ales- casts) a $1,232,083 $1,522,083 c. $1,713,333 d. $1,893,526 34. What is the project's Year 0 net cash flow? a. $1,232,083 b. $1.232,083 c. $2,900,000 Advanced Managerial Finance FIN 4424 Practice Problems (Final) Summer 2018 d.$3,200,000 35. What is the project's Year 1 net cash flow? a. $1,232,083 b.$1,232,083 c. -$2,900,000 d.-$3,200,000 36. What is the after tax salvage value of the equipment? a. $210,000 b. $136,500 ?. $219,000 d. $320,000 37. What is the NPV of the project? a. $25,106 b. $69,948 c $122,264 d. $0 Use the foellewing in