help with bullet point #3-8

Quad Enterprises Original Problenm Suppose you are the financial manager of Quad Enterprises. You are evaluating a new 3 year expansion project that will require the purchase of new assets of $2.9 million. You did a study a year ago that cost $100,000 to determine if the project was feasible. Shipping and installation of the equipment will cost an additional $250,000. The equipment is to be fully depreciated over 3 years using straight line depreciation over the life of the project. The project is expected to generate incremental sales of $2.190 million and incremental costs of $815,000. Additional inventory and parts needed at the end of the life of the project. You will also sell the equipment at the end of 3 years for $200,000. The tax rate is 35% and the cost of capital is will increase net working capital by $50,000 and be fully recoverable 6% What is the initial investment? What is the initial investment in net working capital? .What is the cash flow in Time Period 0 (initial outlay)? .What is the annual depreciation expense? The depreciation tax shield? . What are the incremental earnings of the project for years 1-3? What is the terminal cash flows associated with the project in year 37 . What is the net present value, IRR and payback of the project? What are the incremental free cash flows of the project for years 1-3