Questions $10-12$ NEED ANSWER Calculating Project OCF $[$LO$1]$ Esfandairi Enterprises is considering a new threeyear expansion project that requires an initial fixed asset investment of $$2\mathrm{.}18$ million. The fixed asset will be depreciated straight$-$line to zero over its three$-$year tax life, after which time it will be worthless. The project is estimated to generate $$1\mathrm{.}645$ million in annual sales, with costs of $$610,000.$ If the tax rate is $21$ percent, what is the OCF for this project?

Calculating Project NPV $[$LO$1]$ In the previous problem, suppose the required return on the project is $12$ percent. What is the project's NPV$?$

Calculating Project Cash Flow from Assets $[$LO$1]$ In the previous problem, suppose the project requires an initial investment in net working capital of $$250,000,$ and the fixed asset will have a market value of $$180,000$ at the end of the project. What is the project's Year $0$ net cash flow? Year $1?$ Year $2?$ Year $3?$ What is the new NPV$?$

NPV and MACRS $[$LO$1]$ In the previous problem, suppose the fixed asset actually falls into the three$-$year MACRS class. All the other facts are the same. What is the project's Year $1$ net cash flow now? Year $2?$ Year $3?$ What is the new NPV$?$