Halloween Costumes Unlimited is considering a new 3-year store expansion project that requires an initial fixed asset investment of $5.0 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $390,600 after 3 years. The project requires an initial investment in net working capital of $558,000. The project is estimated to generate $4,464,000 in annual sales, with costs of $1,785,600. The tax rate is 31 percent and the required return on the project is 9 percent. (Do not round your intermediate calculations.)

(d)	What is the project's year 3 net cash flow?

(e)	What is the NPV?