please answer all using excel and showing work

8. Calculating Salvage Value (L01] An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $5,100,000 and will be sold for $1,600,000 at the end of the project. If the tax rate is 21 percent, what is the aftertax salvage value of the asset? 9. Calculating Project OCF [LOI] Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.32 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1.735 million in annual sales with costs of $650.900. If the tax rate is 21 percent, what is the OCF for this project? 11. Calculating Project Cash Flow from Assets [LOL] In the previous problem, suppose the project requires an initial investment in net working capital of $250,000, and the fixed asset will have a market value of $180,000 at the end of the project. What is the project's Year Onet cash flow? Year 12 Year 2? Year 3? What is the new NPV? 12. NPV and MACRS [LOL] In the previous problem, suppose the fixed asset actually falls into the three-year MACRS class. All the other facts are the same. What is the project's Year 1 net cash flow now? Year 2? Year 3? What is the new NPV