13 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.8 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $298,200 after 3 years. The project requires an initial investment in net working capital of $426,000. The project is estimated to generate $3,408.000 in annual sales, with costs of $1,363,200 The tax rate Is 24 percent and the required return on the project is 9 percent What is the project's year Onet cash flow? Sipped $-4,226,000 5-3,803,400 5-4,014,700 $-1,672,216 3-1,765, 117 ME Slipped What is the project's year 1 net cash flow? $1,858,018 $1,672,216 $1,765,117 $1,950,918 $2,043,819 NE What is the project's year 2 net cash flow? 13 $1,959,432 $1,672,216 $1,861,460 $2,057,404 Sipped $1,950,918 What is the project's year 3 net cash flow? 2009 225 What is the project's year 3 net cash flow? 13 $2,409,326 $2,168,394 Skipped $2,288,860 $2,529,793 $1,950,918 w Skipped What is the NPV? $ 858,124.87 $ 8,929,266.99 $ 1,037,673.06 $938,847.06 Skipped What is the NPV? $858,124.87 8,929,266.99 $ 1,037,673.06 $938,847.06