Halloween Costumes Unlimited is considering a new 3-year store expansion project that requires an initial fixed asset investment of $3.1 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $239,400 after 3 years. The project requires an initial investment in net working capital of $342,000. The project is estimated to generate $2,736,000 in annual sales, with costs of $1,094,400. The tax rate is 34 percent and the required return on the project is 9 percent. (Do not round your intermediate calculations.)

1. What is the project's year 0 net cash flow?

2. What is the project's year 1 net cash flow?

3. What is the project's year 2 net cash flow?

4. What is the project's year 3 net cash flow?

5. What is the NPV?