Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $6.5 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $504,000 after 3 years. The project requires an initial investment in net working capital of $720,000. The project is estimated to generate $5,760,000 in annual sales, with costs of $2,304,000. The tax rate is 31 percent and the required return on the project is 17 percent. (Do not round your intermediate calculations.)

Required:
(a)	What is the project's year 0 net cash flow?
	(Click to select) -2,750,616 -6,859,000 -2,903,428 -7,220,000 -6,498,000

(b)	What is the project's year 1 net cash flow?
	(Click to select) 3,209,051 2,750,616 2,903,428 3,056,240 3,361,863

(c)	What is the project's year 2 net cash flow?
	(Click to select) 3,209,051 3,116,292 2,750,616 3,280,308 3,444,323

(d)	What is the project's year 3 net cash flow?
	(Click to select) 3,705,126 4,095,140 3,900,133 3,510,120 3,209,051

(e)	What is the NPV?
	(Click to select) 234,788 223,607.8 183,704 212,427 13,973,169