Down Under Boomerang, Inc., is considering a new 3-year expansi requires an initial fixed asset investment of $2.37 million. The fixed asset year MACRS class (MACRS schedule). The project is estimated to genera annual sales, with costs of $676,000. The project requires an initial in working capital of $390,000, and the fixed asset will have a market value the end of the project. a. If the tax rate is 24 percent, what is the project's Year O net cash flow? Year 3? (A negative answer should be indicated by a minus sign. Do intermediate calculations and enter your answers in dollars, not mill rounded to two decimal places, e.g., 1,234,567.89.) b. If the required return is 10 percent, what is the project's NPV? (Do not intermediate calculations and enter your answer in dollars, not milli rounded to two decimal places, e.g., 1,234,567.89.) a. Year 0 cash flow Year 1 cash flow Year 2 cash flow Year 3 cash flow b. NPV Down Under Boomerang, Inc., is considering a new 3-year expansi requires an initial fixed asset investment of $2.37 million. The fixed asset year MACRS class (MACRS schedule). The project is estimated to genera annual sales, with costs of $676,000. The project requires an initial in working capital of $390,000, and the fixed asset will have a market value the end of the project. a. If the tax rate is 24 percent, what is the project's Year O net cash flow? Year 3? (A negative answer should be indicated by a minus sign. Do intermediate calculations and enter your answers in dollars, not mill rounded to two decimal places, e.g., 1,234,567.89.) b. If the required return is 10 percent, what is the project's NPV? (Do not intermediate calculations and enter your answer in dollars, not milli rounded to two decimal places, e.g., 1,234,567.89.) a. Year 0 cash flow Year 1 cash flow Year 2 cash flow Year 3 cash flow b. NPV