PLEASE WRITE ALL ANSWERS IN EXCEL FORMAT . NO VALUES THANK U!

Paste B I U - - A Alignment Number Cells Editing Conditional Format as Lell Formatting Table Styles Styles Clipboard Font A1 DE points Skipped 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 on a three-year MACRS schedule. 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. What is the project's Year O net cash flow? Year 1? Year 2? Year 3? The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? eBook Print 2,900,000 2,190,000 815,000 300,000 210,000 21% References Asset investment $ Estimated annual sales $ Costs Net working capital Pretax salvage value Tax rate Project and asset life Required return MACRS percentages Year 1 Year 2 Year 3 12% 0.3333 0.4445 0.1481 ... Sheet1 ... | H [1] || - + READY Attempt(s) 100% Hint Clipboard Font Styles 33 A1 D pints Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. Skipped Sales Costs Depreciation EBT Taxes Net income eBook Print Fixed asset book value in three years References Aftertax salvage value Sell equipment Taxes Aftertax cash flow Capital spending 38 Net working capital OCF 40 Net cash flow ... Sheet1 ... + READY @ J -- + + 100% Clipboard Font Styles A1 24 Depreciation EBT Taxes Net income 29 Fixed asset book value in three years Aftertax salvage value Sell equipment Taxes Aftertax cash flow Capital spending Net working capital OCF Net cash flow NPV Shoot