Problem 10-11 Calculating Project Cash Flow from Assets [LO1] Quad Enterprises is considering a new three year expansion project that requires an initial fixed asset investment of 52.49 million. The fixed asset will be depreciated straight line to zero over its three year tax lite after which time will be worthless. The project is estimated to generate $2.010.000 annual sales wity costs of $705.000. The project requires an initial investment in net 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 projects Year net cash now? Year 12 Year 22 Year 37 Do not round intermediate calculations Enter your answers in dollars, not millions of dollars, +91,234,567. Negative amounts should be indicated by a minus sign Cash Flow | Years Year Year Year 2 Year 5 S $ it the required retums 15 percent What is the project's NPV Do not found intermediate calculations and round your final answer to 2 decimal places, eg: 3216 HPV Problem 10-11 Calculating Project Cash Flow from Assets [LO1] Quad Enterprises is considering a new three-year expansion project that requires an initial foxed asset investment of $2.19 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 $2.010.000 in annual sales with costs of $705.000 The project requires an initial investment in net 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 0 net cash flow? Year 17 Year 22 Year 3? (Do not round intermediate calculations Enter your answers in dollars, not millions of dollars, eg: 1,234,567. Negative amounts should be indicated by a minus sign Years Year o Year 1 Year 2 Years Cash Flow 5 2720000 $ 1143500 5 1143500 5