3. Company B is considering a new three-year expansion project that requires an initial fixed asset investment of $3,000,000. The fixed asset will be depreciated straight-line to zero over its three-year tax life, and the fixed asset will have a market value of $250,000 at the end of the project. The project is estimated to generate $2,300,000 in annual sales, with costs of $1,280,000. The tax rate is 15%. In addition, the project requires an initial investment in net working capital of $150,000. A. What is the net income for this project? B. What is the net salvage value at final year? C. What is the project's year 0 net cash flow? Year 1? Year 2? Year 3? D. Suppose the required return on this project is 5%, what is the project's NPV