NO VALUES EXCEL FORMAT ONLY( EXAMPLE =DC+C6)

D16 X f =D7 E F G H I J - 10 points 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 tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? eBook Print $ $ Asset investment Estimated annual sales Costs Tax rate Project and asset life Required return 2,900,000 2,190,000 815,000 21% References 12% Complete the following analysis. Do not hard code values in your calculations. $ Sales Costs Depreciation 2,190,000 815,000 D16 X fx =D7 $ Estimated annual sales Costs Tax rate Project and asset life Required return 2,190,000 815,000 21% 12% ok Complete the following analysis. Do not hard code values in your calculations. hon23982288 = 2 8 4 8 3 3 3 3 $ 2,190,000 815,000 Sales Costs Depreciation EBT Taxes Net income Ences OCF NPV ... Sheet1 ... | | ||| || - + -+ READY Attempt(s) 100% Hint 0/3