Question: Quad Enterprises is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 . 6 7 million.

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.67 million. The fixed asset falls into the three-year MACRS class. The project is estimated to generate $2,070,000 in annual sales, with costs of $767,000. The project requires an initial investment in net working capital of $290,000, and the fixed asset will have a market value of $265,000 at the end of the project.
If the tax rate is 34 percent, what is the project's Year 0 net cash flow? Year 1? Year 2?
Year 3?(MACRS schedule)(Enter your answers in dollars, not millions of dollars, e.g.1,234,567. Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and round your final answers to 2 decimal places, e.g.,3216.)
\table[[Years,Cash Flow],[Year 0,$
 Quad Enterprises is considering a new three-year expansion project that requires

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