P10-11 Calculating Project Cash Flow from Assets (LO1] Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $4.212 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $327,600. The project requires an initial investment in net working capital of $468,000. The project is estimated to generate $3,744,000 in annual sales, with costs of $1,497,600. The tax rate is 24 percent and the required return on the project is 11 percent. What is the project's Year O net cash flow? D. What is the project's Year 1 net cash flow? What is the project's Year 2 net cash flow? What is the project's Year 3 net cash flow? What is the project's Year 3 net cash flow? What is the NPV? P10-11 Calculating Project Cash Flow from Assets (LO1] Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $4.212 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $327,600. The project requires an initial investment in net working capital of $468,000. The project is estimated to generate $3,744,000 in annual sales, with costs of $1,497,600. The tax rate is 24 percent and the required return on the project is 11 percent. What is the project's Year O net cash flow? D. What is the project's Year 1 net cash flow? What is the project's Year 2 net cash flow? What is the project's Year 3 net cash flow? What is the project's Year 3 net cash flow? What is the NPV