Down under boomerang inc, is considering a three-year Expansion Project that requires an initial fixed-asset investment of 2.29 million. the fixed asset will be depreciated straight line to 0 over its three-year tax life, after which it will be worthless. The project is estimated to generate $1715,000 an annual sales with a cost of $625,000. The tax rate is 21% and the required return is 10%.

A. what is the project and NPV?