Esfandiari Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$2\mathrm{.}88$ million.

The fixed asset falls into the three$-$year MACRS class. The project is estimated to generate $$2,140,000$ in annual sales, with costs of

$$823,000.$ The project requires an initial investment in net working capital of $$360,000$ and the fixed asset will have a market value of

$$240,000$ at the end of the project.

a$.$ If the tax rate is $21$ percent, what is the project's Year $1$ net cash flow? Year $2?$ Year $3?$ Table $8\mathrm{.}3.$

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your

answers in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.$

b$.$ If the required return is $10$ percent, what is the project's NPV$?$

Note: Enter your answer in dollars, not millions of dollars. Do not round intermediate calculations and round your answer to

$2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.$

HELP ME SOLVE FOR NPV$!$