Summer Tyme, Inc., is considering a new $3-$year expansion project that requires an initial fixed asset investment of $$1\mathrm{.}512$ million. The fixed asset will be depreciated straight$-$line to zero over its $3-$year tax life, after which time it will have a market value of $$117,600.$ The project requires an initial investment in net working capital of $$168,000.$ The project is estimated to generate $$1,344,000$ in annual sales, with costs of $$537,600.$ The tax rate is $31$ percent and the required return on the project is $9$ percent.

Required:

$($a$)$What is the project's year $0$ net cash flow?

$($b$)$What is the project's year $1$ net cash flow?

$($c$)$ What is the project's year $2$ net cash flow?

$($d$)$What is the project's year $3$ net cash flow?

$($e$)$What is the NPV$?$