culations P10-11 Calculating Project Cash Flow from Assets (L01) 4. Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $5.616 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 (salvage value) of $436.800. The project requires an initial investment in net working capital of $624,000. The project is estimated to generate $4,992,000 in annual sales, with costs of $1,996,800. The tax rate is 33 percent and the required return on the project is 12 ets Kipped percent Book 0 erences Required: (a)What is the project's year net cash flow (or cash flow from assets)? Click to select) (b)What is the project's year 1 net cash flow (or cash flow from assets)? Click to select (c) What is the project's year 2 net cash flow (or cash flow from assets)? Click to select (d)What is the project's year 3 net cash flow (or cash flow from assets)? Click to select (e)What is the NPV? Click to select)