You are evaluating a new project for your company FINSOFT, Inc., which has developed a new financial software. The project requires an initial investment of $$588,000$ in fixed assets which are to be depreciated straight$-$line to zero over the $3-$year project life. At the end of year $3,$ all fixed assets are sold for an estimated resale value of $ $147,000.$ Net Working Capital requirements at the beginning of each year equal $10\%$ of the projected sales during the following year. Projected sales from the new software are $$700,000$ in year $1,$ $$840,000$ in year $2,$ and $$980,000$ in year $3.$ The variable costs amount to $50\%$ of projected sales and fixed costs are $ $84,000$ per year. The tax rate is $20\%.$