Quad Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$2\mathrm{.}35$ million. The fixed asset falls into the three$-$year MACRS class $($MACRS schedule$).$ The project is estimated to generate $$1,745,000$ in annual sales, with costs of $$648,000.$ The project requires an initial investment in net working capital of $$320,000,$ and the fixed asset will have a market value of $$285,000$ at the end of the project.

a$.$ If the tax rate is $22$ 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$.,1,234,567\mathrm{.}89.)$

$\backslash$table$[[$a$.,$Year $0$ cash flow,$],[,$Year $1$ cash flow,$],[,$Year $2$ cash flow,$],[,$Year $3$ cash flow,$],[$b$.,$NPV$,]]$