Problem 6-4 Calculating Project Cash Flow from Assets Esfandairi Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of \$2.29 million. The fixed asset will be depreciated straight-line to zero over its 3 -year tax life. The project is estimated to generate $1,715,000 in annual sales. with costs of $625.000. The project requires an initial investment in net working capital of $260000, and the fixed asset will have a market value of $195,000 at the end of the project. -. If the tax rate is 21 percent, what is the project's Year 0 net cash flow? Year 1 ? Year 2? Year 3 ? (Do not round intermediate colculations and enter your answers in dollars. not millions of dollars, e.g. 1,234,567. A negative answer should be inclicated by a minus sign.) b. If the required return is 9 percent, what is the project's NPV? (Do nor round intermediate calculations and enter your answer in dollars. not millions of dollars. rounded to 2 decimal places, e.g. 1,234,567.89.) not millions of dollars, e.g., 1,234,567. A negative answer should be indicated by a minus sign.) b. If the required return is 9 percent, what is the project's NPV? (Do not round intermediate colculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g.. 1,234,567.89.)