Orange Fruit Inc, is considering a 3-year expansion project that requires an initial fixed asset investment of $5.724 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, in time it will have a market value of $445,200. The project requires an initial investment in net working capital of $636,000. The project is estimated to generate $5,088,000 in annual sales, with costs of $2,035,200. The tax rate is 34% and the required return on the project is 12%.

Required:
(a)	What is the project's year 0 net cash flow?
	(Select the right answer) -6,996,000 -6,360,000 -6,042,000 -6,678,000 -5,724,000

(b)	What is the project's year 1 net cash flow?
	( select the right answer) 2,397,211 2,929,925 2,796,746 2,530,390 2,663,568

(c)	What is the project's year 2 net cash flow?
	(Select the right answer) 2,929,925 2,397,211 2,796,746 2,663,568 2,530,390

(d)	What is the project's year 3 net cash flow?
	(select the right answer) 3,593,400 3,773,070 3,234,060 3,952,740 3,413,730

(e)	What is the NPV?
	(select the right answer) 673,441 -1,241,042 699,277 2,536,697 734,241