Quad Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$2\mathrm{.}31$ million. The fixed asset falls into the three$-$year MACRS class $($MACRS schedule$).$ The project is estimated to generate $$1,785,000$ in annual sales, with costs of $$680,000.$ The project requires an initial investment in net working capital of $$400,000,$ and the fixed asset will have a market value of $$405,000$ at the end of the project.

a$.$ If the tax rate is $25$ percent, what is the project$$s Year $0$ net cash flow? Year $1?$ Year $2?$ Year $3?($A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to two decimal places, e$.$g$.,1,234,567\mathrm{.}89.)$

b$.$ If the required return is $11$ percent, what is the project's NPV$?($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to two decimal places, e$.$g$.,1,234,567\mathrm{.}89.)$