Esfandiari Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.82 million. The fixed asset falls into the three-year MACRS class. The project is estimated to generate $2,120,000 in annual sales, with costs of $807,000. The project requires an initial investment in net working capital of $340,000 and the fixed asset will have a market value of $230,000 at the end of the project. a. If the tax rate is 24 percent, what is the project's Year 1 net cash flow? Year 2 ? Year 3 ? Iable 8.3 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., 1,234,567.89. b. If the required return is 12 percent, what is the project's NPV? Note: Enter your answer in dolfars, not miltions of dollars. Do not round intermediate calculations and round your answer to 2 decimal places, e.9, 1,234,567.89