Quad Enterprises is considering a new $3-$year expansion project that requires an initial fixed asset investment of $$2\mathrm{.}8$ million. The fixed asset falls into the $3-$year MACRS class $($MACRS Table$)($TIP: make sure you refer to this MACRS table! The one on our PowerPoint slides may have slightly different numbers$)$ and will have a market value of $$214,200$ after $3$ years. The project requires an initial investment in net working capital of $$306,000.$ The project is estimated to generate $$2,448,000$ in annual sales, with annual production costs of $$979,200.$ The tax rate is $24$ percent and the required return on the project is $13$ percent.

What is the NPV$?$

$$390,247\mathrm{.}14$

$$336,840\mathrm{.}19$

$$6,270,724\mathrm{.}49$

$$370,734\mathrm{.}78$