Quad Enterprises is considering a new three$-$year expansion project that requires an initial fixed

asset investment of $$2\mathrm{.}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 project's

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$?$