Problem 6-5 NPV and Modified ACRS Down Under Boomerang, Inc., is considering a new 3-year expansion project that equires an initial fixed asset investment of $2.34 million. The fixed asset falls into the 3rear MACRS class (MACRS schedule). The project is estimated to generate $1,740,000 in annual sales, with costs of $644,000. The project requires an initial investment in net vorking capital of $310,000, and the fixed asset will have a market value of $270,000 at he end of the project. If the tax rate is 21 percent, what is the project's Year 0 net cash flow? Year 1? Year 2 ? Year 3 ? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to two decimal places, e.g., 1,234,567.89.) If the required return is 10 percent, what is the project's NPV? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to two decimal places, e.g., 1,234,567.89.)