Down Under Boomerang, Inc., is considering a new 3-year expansion project that requires an initial foxed asset investment of $2.31 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life. The project is estimated to generate $1.785,000 in annual sales, with costs of $695,000. The project requires an initial investment in net working capital of $400,000, and the fixed asset will have a market value of $405.000 at the end of the project a. If the tax rate is 25 percent, what is the project's Year O ner cash flow? Year 1? Year 2? Year 3? (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, e.g. 1,234,567. A negative answer should be indicated by a minus sign.) b. If the required return is 11 percent, what is the project's NPV? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Answer is complete but not entirely correct. Year 0 cash flow Year 1 cash flow Year 2 cash flow Year 3 cash flow NPV $ $ $ -2.710.000 1,010,000 1.010.000 1.713.750 22.857 84) 3 b. $