ditar L 6 12. Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $1.08 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 $84,000. The project requires an initial investment in net working capital of $120,000. The project is estimated to generate $960,000 in annual sales, with costs of $384,000. The tax rate is 24 percent and the required return on the project is 12 percent. a) What is the project's Year 0 net cash flow? b) What is the project's Year 1 net cash flow? c) What is the project's Year 2 net cash flow? d) What is the project's Year 3 net cash flow? e) What is the NPV