Esfandairi Enterprises is considering a new $3-$year expansion project that requires an initial fixed asset investment of $$2\mathrm{.}41$ million. The fixed asset will be depreciated straightline to zero over its $3-$year tax life. The project is estimated to generate $$1,775,000$ in annual sales, with costs of $$685,000.$ The project requires an initial investment in net working capital of $$380,000,$ and the fixed ass$$t will have a market value of $$375,000$ at the end of the project.

a$.$ If the tax rate is $23$ percent, what is the project's Year $0$ net 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 $9$ percent, what is the project's NPV$?($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.)$

Answer is complete but not entirely correct.

$\backslash$table$[[\backslash$table$[[$a$.$ Year $0$ cash$],[$flow$]],$$$,-2,790,000V$