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9 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $4.266 million. The fixed asset will be

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9 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $4.266 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $331,800. The project requires an initial investment in net working capital of $474,000. The project is estimated to generate $3,792,000 in annual sales, with costs of $1,516.800. The tax rate is 24 percent and the required return on the project is 17 percent. What is the project's Year Onet cash flow? Year O cash flow 10 points 1 What is the project's Year 1 net cash flow? Year 1 cash flow What is the project's Year 2 net cash flow? Year 2 cash flow What is the project's Year 3 net cash flow? Year 3 cash flow What is the NPV? NPV

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