Fun With Finance is considering a new 3-year expansion project that requires an initial fixed asset investment of $5.508 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $428,400. The project requires an initial investment in net working capital of $612,000. The project is estimated to generate $4,896,000 in annual sales, with costs of $1,958,400. The tax rate is 30 percent and the required return on the project is 12 percent.

Required:
(a)	What is the project's year 0 net cash flow?
	(Click to select) -6,732,000 -6,120,000 -6,426,000 -5,508,000 -5,814,000

(b)	What is the project's year 1 net cash flow?
	(Click to select) 2,867,832 2,346,408 2,607,120 2,737,476 2,476,764

(c)	What is the project's year 2 net cash flow?
	(Click to select) 2,476,764 2,346,408 2,607,120 2,867,832 2,737,476

(d)	What is the project's year 3 net cash flow?
	(Click to select) 3,167,100 3,694,950 3,519,000 3,870,900 3,343,050

(e)	What is the NPV?