Question: please write it out on paper and explain formulas ect last person got it wrong Hubrey Home Inc. is considering a new three-year expansion project

please write it out on paper and explain formulas ect last person got it wrong
please write it out on paper and explain formulas ect last person

Hubrey Home Inc. is considering a new three-year expansion project that requires an initial fixed asset investment of $3.9 million. The fixed asset falls into Class 10 for tax purposes (CCA rate of 30% per year), and at the end of the three years can be sold for a salvage value equal to its UCC. The project is estimated to generate $2,650,000 in annual sales, with costs of $840,000. The tax rate is 35% and the required return on the project is 12%. What is the project's NPV? (Enter the answer in dollars. Do not round your intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) NPV

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