Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $5.94 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 (salvage value) of $462,000. The project requires an initial investment in net working capital of $660,000. The project is estimated to generate $5,280,000 in annual sales, with costs of $2,112,000. The tax rate is 35 percent and the required return on the project is 9 percent. Required: (a)What is the project's year O net cash flow (or cash flow from assets)? -6,600,000 (b)What is the project's year 1 net cash flow (or cash flow from assets)? (Click to select) (c) What is the project's year 2 net cash flow (or cash flow from assets)? (Click to select) (d)What is the project's year 3 net cash flow (or cash flow from assets)? (Click to select) (e)What is the NPV? (Click to select) (b)What is the project's year 1 net cash flow (or cash flow from assets)? (Click to select) (Click to select) (c) ct's year 2 net cash flow (or cash flow from assets)? 2,614,590 (d) 3,027,420 ct's year 3 net cash flow (or cash flow from assets)? 2,889,810 2,476,980 2,752,200 (c)What is the project's year 2 net cash flow (or cash flow from assets)? (Click to select) (Click to select) (d) ct's year 3 net cash flow (or cash flow from assets)? 2,476,980 (e) 3,027,420 ? 2,752,200 2,889,810 2,614,590