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Project Y requires a $346,500 investment for new machinery with a five-year l.e and no salvage value. The project yields the following annual results. Cash flows occur evenly within each yeac (PV of S1, EV of S1, PVA of S1, and EVA of SI) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute Progect Y's annual net cash flows Project Y requires a $346,500 investment for new machinery with a five-year life and no salvage value. The project yleids the following annual results. Cash flows occur evenly within each year. (PV of \$1. EV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) 2. Determine Project Y's payback period. Project Y requires a $346,500 investment for new machinery with a flive-yoar lfe and no salvage value. The project yields the following annua results. Cash flows occur evenly within each yeat, (PV of S1. EV of S1, PVA of S1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) 3. Compute Project r 's accounting rate of return. Project Y requires a $346,500 investment for new mochinery with a five-year life and no salvage value. The project yieds the following annuat results. Cash flows occur evenly within each year. (PV of \$1. EV of \$1. PVA of \$1. and FVA of \$1) (Use appropriate factor(s) from the tables provided.) 4. Determine Project Y 's net present value using 7% as the discount rate. (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.)