can i get help on requirements one and two please for this one question this is way different then the practices in class

Interstate Manufacturing is considering either overhauling an old machine or replacing it with a new machine. Information about the two alternatives follows. Management requires a 10% rate of return on its investments (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Alternative 1: Keep the old machine and have it overhauled. This requires an initial investment of $146,000 and results in $52.000 of net cash flows in each of the next five years. After five years, it can be sold for a $16,000 salvage value Alternative 2: Sell the old machine for $34,000 and buy a new one. The new machine requires an initial investment of $299,000 and can be sold for a $10,000 salvage value in five years. It would yield cost savings and higher sales, resulting in net cash flows of $47.000 in each of the next five years. Required: 1. Determine the net present value of alternative 1. 2. Determine the net present value of alternative 2. Determine the net present value of alternative 1. (Do not round intermediate calculations. Round your present va 4 decimals and final answers to the nearest whole dollar.) Net Cash Flows Present Value Factors at 10% Present Value of Cash Flows Year 1-5 Salvage value (year 5) Totals Initial investment Net present value 0 146,000 Determine the net present value of alternative 2. (Negative net present values should be indicated with a minus sign, DC round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole d Net Cash Flows Present Value Factors at 10% Present Value of Cash Flows 1.0000 Year 1-5 Salvage value new machine Salvage value-old machine Totals Initial investment Net present value 0 299,000