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esfandairi enterprises is considering a new 3 - year expansion project that requires an initial fixed asset investment of 2 . 3 1 million. The

esfandairi enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of 2.31 million. The fixed asset will depreciated stright line to zero over its 3 year tax life. The project 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 market vaule of 405,000 at the end of the project. If the tax rate is 25% what is the projects year 0,1,2,3 cash flow? please show calcualtion in excel sheet and break it down. thank you

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