Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.41 million. The fixed asset qualifies for 100 percent bonus depreciation in the first year. The project is estimated to generate $1,775,000 in annual sales, with costs of $672,000. The project requires an initial investment in net working capital of $380,000, and the fixed asset will have a market value of $375,000 at the end of the project.

If the tax rate is 23 percent, what is the projects Year 0 net cash flow? Year 1? Year 2? Year 3?

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to two decimal places, e.g., 32.16.

If the required return is 9 percent, what is the project's NPV?

Note: Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16.