. A 3-year project is under consideration. Here's what's known about its cash flows: $3,000,000 would need to be spent immediately to buy production equipment The production equipment will be depreciating according to the 3-year MACRS class At the end of the project, the production equipment is estimated to sell for a quarter of its original price $300,000 would need to be spent immediately on net working capital investment $1,000,000 would be generated each year in annual operating cash flows The company faces a 40% corporate income tax rate The rate of return for projects similar to this one is 10%. . . . Use the values in the MACRS table below for any relevant calculations. Click to enlarge to full page, if needed. Year VOOAN- 1 2 3 4 Property Class Three-Year Five-Year 33.3396 20.0096 44.44 32.00 14.82 10.20 7.41 11.52 11.52 5.76 Seven-Year 14.2996 24.49 17.40 12.40 8.93 8.93 3.03 4.46 Based on the information above: (a) The sale of the production equipment at the end of the 3rd year will generate an After-Tax Salvage Value in the amount of (Select] (b) When the project ends at the end of the 3rd year, the change in Net Working Capital for that final year will equal [Select] , and that will be [ Select] for the company