Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.31million. The fixed asset will be depreclated straightline to zero over its three-year tax life. The project is estimated to generate $1,770,000 in annual sales, with costs of $680,000. The project requires an initial investment in net working capital of $370,000, and the fixed asset will have a market value of $360,000 at the end of the project. o. If the tax rate is 22 percent, what is the project's Year 0 net cash flow? Year 1? Year 2 ? Year 3? (A negative answer should be indicoted by a minus sign. Do not round intermediate colculations and enter your onswers in dollars, not millions of dollars, e.g., 1,234,567. b. If the required return is 12 percent, what is the project's NPV? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) From Instructor: After watching the hint video, if you need to, please see the notes provided 07 on how to calculate NPV using the formula method and calculator method. Thanks