Rose Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $5.7 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $441,000 after 3 years. The project requires an initial investment in net working capital of $630,000. The project is estimated to generate $5,040,000 in annual sales, with costs of $2,016,000. The tax rate is 22 percent and the required return on the project is 17 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?

What is the NPV?

Property Class \begin{tabular}{cccc} \hline Year & Three-Year & Five-Year & Seven-Year \\ \hline 1 & 33.33% & 20.00% & 14.29% \\ 2 & 44.45 & 32.00 & 24.49 \\ 3 & 14.81 & 19.20 & 17.49 \\ 4 & 7.41 & 11.52 & 12.49 \\ 5 & & 11.52 & 8.93 \\ 6 & & 5.76 & 8.92 \\ 7 & & & 8.93 \\ 8 & & & 4.46 \end{tabular}