Spooky Halloween Inc. is considering a new 3-year expansion project that requires an initial fixed asset investment of $1.2 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $96,600 after 3 years. The project requires an initial investment in net working capital of $138,000. The project is estimated to generate $1,104,000 in annual sales, with costs of $441,600. The tax rate is 33 percent and the required return on the project is 16 percent. (Do not round your intermediate calculations.)

Required:
(a)	What is the project's year 0 net cash flow?
	(Click to select) -1,271,100 -547,005 -1,204,200 -1,338,000 -518,215

(b)	What is the project's year 1 net cash flow?
	(Click to select) 547,005 604,585 633,374 575,795 518,215

(c)	What is the project's year 2 net cash flow?
	(Click to select) 518,215 650,822 619,830 588,839 604,585

(d)	What is the project's year 3 net cash flow?
	(Click to select) 697,795 604,585 734,521 661,069 771,247

(e)	What is the NPV?
	(Click to select) 78,912 85,107 89,586.13 2,631,201 94,065