Company A is considering a new three-year expansion project that requires an initial fixed asset investment of $2.53million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1.925 million in annual sales, with costs of $610,000. Suppose the project requires an initial investment in new working capital of $232,000, and the fixed asset will have a market value of $211,000 at the end of the project. If the tax rate is 23 percent and required return on the project is 14 percent, what is the Projects Year 0~3 net cash flow? What is the new NPV