Please show work, perferably on excel and answer all of the missing blanks!

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. What is the projects Year 0 net cash flow? Year 1? Year 2? Year 3? The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? Asset investment Estimated annual sales $ Costs Net working capital Pretax salvage value S Tax rate Project and asset life Required return $ 2,900,000 2,190,000 815,000 300,000 210,000 21% 12% Aftertax salvage value Sell equipment Taxes Aftertax cash flow Sales Costs Depreciation EBT Taxes Net income $2,190,000 $ 2,190,000 $ 2,190,000 815,000 966,667 408,333 85,750 322,583 815,000 966,667 815,000 966,667 $ 408,333 $ 408,333 $ 85,750 322,583 $ 85,750 322,583 $ Capital spending Net working capital OCF Net cash flow (300,000) NPV