McIntyre, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $1.50 million. The fixed asset falls into the three-year MACRS class (MACRS Table). The project is estimated to generate $2.15 million in annual sales, with annual cost of goods sold of $1.375 million. The project requires an initial investment in net working capital of $150,000, and the fixed asset will have a market value of $105,000 at the end of the project. Assume that the tax rate is 21 percent and the required return on the project is 18 percent. K fices a. What is the net cash flow of the project for each year? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Year 0 cash flow Year 1 cash flow Year 2 cash flow Year 3 cash flow b. NPV