Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2.322 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 $180,600. The project requires an initial investment in net working capital of $258,000. The project is estimated to generate $2,064,000 in annual sales, with costs of $825,600. The tax rate is 34 percent and the required return on the project is 15 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?