$179,280

$169,800

$148 ,200

$156,600

$146,600

Moving to another vion will save this response estion 37 Saad corporation is considering a new twee year expansion prochained the death three costs of 10.5 milion. The prelertres an investment in networking capital and we were 12 5179,200 OSTADO 3148.200 $156,600 5146,600 Moving to another question will save this response Saad corporation is considering a new three- year expansion project that requires an initial fixed asset investment of $2 million. The fixed asset falls into the three-year MACRS class (33.33%, 44.45%, 14.81%, 7.41%). The project is estimated to generate $1 million on annual sales, with annual costs of $0.5 million. The project requires an initial investment in net working capital of $300,000 and the fixed asset will have a market value of $200,000 at the end of the project. If the tax rate is 40% and the required return is 9%, what is the cash flowfor year? year 3