h cochran inc is considering a new three year expansion project that requires an initial fixed asset investment of $2,600,000. the fixed asset will be depreciated straight line to zero over its threeyear tax life ,after which time it will be worthless. the project is estimated to generate $2,770,000 in annual sales with cost of $1,790,000. if the tax rate is 24 percent and the required return on the project is 10 percent. What is the project's NPV