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Halloween Costumes Unlimited is considering a new 3 - year store expansion project that requires an initial fixed asset investment of $ 1 . 7

Halloween Costumes Unlimited is considering a new 3-year store expansion project that requires an initial fixed asset investment of $1.7 million. The fixed asset falls into the 3year MACRS class (MACRS Table) and will have a market value of $134,400 after 3 years. The project requires an initial investment in net working capital of $192,000. The project is estimated to generate $1,536,000 in annual sales, with costs of $614,400. The tax rate is 34 percent and the required return on the project is 16 percent. (Do not round your intermediate calculations.)
Required:
(a)What is the project's year 0 net cash flow?
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(b)What is the project's year 1 net cash flow?
(c)What is the project's year 2 net cash flow?
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(d)What is the project's year 3 net cash flow?
(e)What is the NPV?
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