Galt, Inc, is considering a new three-year expansion project that requires an initial fixed asset investment (equipment purchase) of $1,860,000. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it can be sold for $175,000. The project is estimated to generate $1,950,000 in annual sales, with costs of $1,060,000. The project also requires an initial investment in net working capital (inventory) of $150,000. Assume a 35% tax rate and a 10% cost of capital. a) What is the Year 0 Net Cash Flow? (5 points) b) What are the Operating Cash Flows for Years 1,2, and 3? (10 points) c) What is the Year 3 Net Cash Flow? (10 points) d) Show all relevant cash flows on a timeline. Calculate NPV. Is this project acceptable? (5 points)