5 Question 6 - 5.7 Excel Spread X PR Pre Post SEO : Online SEO To x s Home - Home X Mail - Lewis, Josh G - Outloo x New Tab X + V X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Ftrevecca.blackboard.com%252Fwebapps%252Fbl... J Apps Continuing Education. > Reading list 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 6 Calibri + 11 - A A Paste BIU - - A Alignment Number Conditional Format as Cell Cells V Editing Formatting * Table Styles Clipboard G Font Styles 12.5 A1 X vfx points AE C D E F G H Print Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated on a three-year MACRS schedule. The 3 project is estimated to generate $2, 190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. What is the project's Year 0 net cash flow? Year 1? Year 2? Year 3? The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? Asset investment 2,900,000 Estimated annual sales 2, 190,000 Costs 815,000 Net working capital 300,000 Mc Graw 9 W 2:47 PM 1/9/20225 Question 6 - 5.7 Excel Spread X PR Pre Post SEO : Online SEO To x s Home - Home X Mail - Lewis, Josh G - Outloo x New Tab X + V X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Ftrevecca.blackboard.com%252Fwebapps%252Fbl... J Apps Continuing Education. > Reading list 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 6 Calibri + 11 - A A Paste BIU - - - A- Alignment Number Conditional Format as Cell Cells Editing Formatting * Table Styles Clipboard G Font G Styles 12.5 A1 X v fx points AE C D m F G H Print Costs 815,000 LD CO Net working capital 300,000 10 Pretax salvage value 210,000 11 Tax rate 21% 12 Project and asset life 3 13 Required return 12% 14 MACRS percentages 15 Year 1 0.3333 16 Year 2 0.4445 17 Year 3 0.1481 18 19 20 Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. Mc Graw Hill 2:47 PM 9 W 1/9/20225 Question 6 - 5.7 Excel Spread X PR Pre Post SEO : Online SEO To x|[s Home - Home Mail - Lewis, Josh G - Outloo x > Reading list Apps Continuing Education. Graw Hill 2:48 PM O 9 W 1/9/2022