Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2,380,000 The fixed asset falls into the three-year MACRS class (MACRS schedule). The project is estimated to generate $1,760,000 in annual sales, with costs of $660,000. The project requires an initial investment in net working capital of $350,000, and the fixed asset will have a market value of $330,000 at the end of the project. Q. If the tax rate is 25 percent, what is the project's Year 0 net cash flow? Year 1 ? Year 2 ? Year 3 ? Note: A negative onswer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to two decimal ploces, e.g., 3216 . b. If the required return is 10 percent, what is the project's NPV? Note: Do not round intermediate calculotions ond round your answer to two decimal places, e.g., 32.16. Table 9.7 Modified ACRS depreciation allowances