So I have found CF0 and it is -1,680,000. However, I do not know how to find CF1

Question

So I have found CF0 and it is -1,680,000. However, I do not know how to find CF1 (at year 1), CF2 (at year 2), and CF3 (at year 3). And Also what is the NPV?? Here is the question: ..................................... Down Under Boomerang, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $1.512 million. The fixed asset falls into the 3-year MACRS class (MACRS Table). The project is estimated to generate $1,344,000 in annual sales, with costs of $537,600. The tax rate is 34 percent and the required return is 10 percent. The project requires an initial investment in net working capital of $168,000 and the fixed asset will have a market value of $117,600 at the end of the project. Required: (a) What is the net cash flow of the project for the following years? (b) What is the NPV of the project?

Explanation / Answer

Plz.. rate me first..!!
For Year 1 = $3,672,000(0.3333) = $1223,878
For Year 2 = $3,672,000(0.4445) = $1632204
For Year 3 = $3,672,000(0.1481) = $543823
so,
Book value in 3 years = $3,672,000 – ($1223,878+1632204+542823

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