5 Factor Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $500,000 cost with an expected four year life and a $22,000 salvage value. All sales are for cash, and all costs are out of pocket except for depreciation on the new machine. Additional Information includes the following: (PV of $1. EV or $1. PVA of Si and EVA of $1] (Use appropriate factors from the tables provided. Round PV factor value to 4 decimal places.) 81.890,000 Tepected annual sales of new product Expected annual conta of new product Direct materials Direct labor Overhead axeluding raight-li depreciation memachine Selling and administrative expenses Income taxes 1410 182,000 574.000 356,000 162,000 100 Required: 1. Compute straight-line depreciation for each year of this new machine's Ife 2. Determine expected net income and net cash flow for each year of this machine's life 3. Compute this machine's payback period, assuming that cash flows accur evenly throughout each year. 4. Compute this machine's accounting rate of return, assuming that income is earned evenly throughout each year. 5. Compute the net present value for this machine using a discount rate of 4% and assuming that cash flows occur at each year-end. (Hint: Salvage value is a cash inflow at the end of the asset's life Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Required 4 Required 5 Compute straight-line depreciation for each year of this new machine's life Proy 25 of 25 Next Jelangana miscave expenses Incosta Help Save & Exit Submit vuv 300 Required: 1. Compute straight-line depreciation for each year of this new machine's life. 2. Determine expected net income and net cash flow for each year of this machine's life 3. Compute this machine's payback period, assuming that cash flows occur evenly throughout each year, 4. Compute this machine's accounting rate of return, assuming that income is earned evenly throughout each year 5. Compute the net present value for this machine using a discount rate of 4% and assuming that cash flows occur at each year-end. (Hint: Salvage value is a cash flow at the end of the assetse.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required Required 5 Compute straight-line depreciation for each year of this new machine's Stine depreciation Required 2 >