Problem 10-11 Calculating Project Cash Flow from Assets [101] Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2 49 million. The fixed asset will be depreciated straight line fo zoro over its three year fax life, after which time it will be worthless. The project is estimated to generate $2,010,000 in annual sales with costs of $705,000. The project requires an initial investment in not working capital of $230,000, and the fixed asset will have a market value of $295,000 at the end of the project if the tax rate is 34 percent, what is the project's Year O net cash flow? Year 12 Year 22 Year 3? (Do not round Intermediate calculations Enter your answers in dollars, not millions of dollars, e.g. 1,234,567. Negative amounts should be indicated by a minus sign.) Years Year o Yoar 1 Year 2 Year 3 Cash Flow $ -2720000 $ 1143500 5 1143500 1562210 If the required return is 16 porcent, what is the project's NPV? (Do not round Intermediate calculations and round your final answer to 2 decimal places, ...32.15.) NPV