Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.6 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $277,200 after 3 years. The project requires an initial investment in net working capital of $396,000. The project is estimated to generate $3,168,000 in annual sales, with costs of $1,267,200. The tax rate is 22 percent and the required return on the project is 14 percent.

What is the project's year 0 net cash flow?

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?