$\backslash$table$[[$Property Class$],[$Year$,$Three$-$Year,Five$-$Year,Seven$-$Year$],[1,33\mathrm{.}33\%,20\mathrm{.}00\%,14\mathrm{.}29\%],[2,44\mathrm{.}45,32\mathrm{.}00,24\mathrm{.}49],[3,14\mathrm{.}81,19\mathrm{.}20,17\mathrm{.}49],[4,7\mathrm{.}41,11\mathrm{.}52,12\mathrm{.}49],[5,,11\mathrm{.}52,8\mathrm{.}93],[6,,5\mathrm{.}76,8\mathrm{.}92],[7,,,8\mathrm{.}93],[8,,,4\mathrm{.}46]]$Quad Enterprises is considering a new $3-$year expansion project that requires an initial

fixed asset investment of $$5\mathrm{.}3$ million. The fixed asset falls into the $3-$year MACRS class

$($MACRS Table$)$ and will have a market value of $$411,600$ after $3$ years. The project

requires an initial investment in net working capital of $$588,000.$ The project is

estimated to generate $$4,704,000$ in annual sales, with costs of $$1,881,600.$ The tax rate

is $22$ percent and the required return on the project is $10$ percent.

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

Year $0$ cash flow

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

Year $1$ cash flow What is the project's year $2$ net cash flow?

points

Year $2$ cash flow

References

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

Year $3$ cash flow Year $3$ cash flow

$3$

points

What is the NPV$?$

NPV