Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.76 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to generate $2,100,000 in annual sales, with costs of $795,000. The tax rate is 34 percent and the required return is 12 percent. The project requires an initial investment in net working capital of $320,000, and the fixed asset will have a market value of $220,000 at the end of the project.

What is the project's Year 0 net cash flow? Year 1? Year 2? Year 3?(Do not round intermediate calculations. A negative answershould be indicated by a minus sign.)

Years	Cash Flow
Year 0	$
Year 1	$
Year 2	$
Year 3	$

What is the NPV?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

NPV

$