Quad Enterprises is considering a new $3-$year expansion project that requires

an initial fixed asset investment of $$2\mathrm{.}106$ million. The fixed asset will be

depreciated straight$-$line to zero over its $3-$year tax life, after which time it will

have a market value of $$163,800.$ The project requires an initial investment in

net working capital of $$234,000.$ The project is estimated to generate

$$1,872,000$ in annual sales, with costs of $$748,800.$ The tax rate is $22$ percent

and the required return on the project is $11$ percent.

What is the project's Year $0$ net cash flow?

Year $0$ cash

flow

What is the project's Year $1$ net cash flow?

Year $1$ cash flow

What is the project's Year $2$ net cash flow?

Year $2$ cash

flow

What is the project's Year $3$ net cash flow?

Year $3$ cash flow

What is the NPV$?$

NPV