Esfondairi Enterprises is considering a new three-year expansion project that requires an inibal frocd asset invertment of $2,350,000. The fixed asset wil be depreciated straight-line to zero over ifs three-year tax life. The project is estimated to generate $2,470,000 in annual sales, with costs of $1,490,000. The profect requires an initial investmept in nes working capital of $162,000, and the fored asset will have a market value of $197,000 af the end of the project. Assume that the tax rote is 24 percent and the required retum on the project is 10 percent. 7. What ate the net casth flows of the project each yed? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whore number, 0.9,32 b. What is the NPy oftwe project? Nofe: Do nof round intermediate calculations and pound your answer to 2 decimal places, e.g-, 32.16