a $495,000 cost with an expected four-year life and a $10,000 salvage value. Additional annual information for this new product line follows. (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depersiation-Machinwry Selling, general, and administrative expenses $1,850,6001,464,690121,250144,600 Required: 1. Determine income and net cash flow for each year of this machine's life. 2. Compute this machine's payback period, assuming thet cash flows occur evenly throughout each year. 3. Compute net present value for this machine using a discount rate of 6%. Complete this question by entering your answers in the tabs below. Determine income and net cash flow for each year of this machine's life. Required: 1. Determine income and net cash flow for each year of this machine's life. 2. Compute this machine's paybeck period, essuming that cash flows occur evenly throughout each year. 3. Compute net present value for this machine using a discount rate of 6%. Complete this question by entering your answers in the tabs below. \begin{tabular}{l|l} \hline Required 1 & Required 2 \\ \hline \end{tabular} Compute this machine's payback period, assuming that cash flows occur evenly throughout each year. Required: 1. Determine income and net cash flow for each year of this machine's life. 2. Compute this machine's paryback period, assuming that cash flows occur eventy throughout each year. 3. Compute net present value for this machine using a discount rate of 6%. Complete this question by entering your answers in the tabs below. Compute net present value for this machine using a discount rate of 6%. (Do not round intermediste calculations. Negative amounts should be entered with a minus sign. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.)