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 5507000 cost with an expected four year and a $19000 savage 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. EVO 51. PVA of SL and EVA of 53 (Use appropriate factors from the tables provided.) $1,500.00 pected annual sales of product Expected annual costs of new product 475,000 673,000 337,0 165, Overhead (excluding straight-line depreciation Selling and administrative expenses Incontres 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 7% and assuming that cash flows occur at each year-end (Hit Salvage value is a cash inflow at the end of the asset's life.) Complete this question by entering your answers in 5 Required Required 2 Required a . Compute straight line depreciation for each year of this new Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Determine expected net income and net cash flow for each year of this machine's life. Expected Net Income Revenues Expenses Expected Net Cash Flow Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute this machine's payback period, assuming that cash flows occur evenly throughout each year. Payback Period Choose Numerator 1 Choose Denominator: Payback Period Payback period Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Requidate Required Compute this machines accounting rate of return, assuming that income is earned evenly throughout each year. Accounting Rate of Retur Choose Denominator Choose Numerator: - Accounting Rate of Return Accounting rate of return Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Reged 5 Compute the net present value for this machine using a discount rate of and assuming that cash flows occur at each year-end. (Hint: Salvage value is a cash inflow at the end of the assets life.) Do not round Intermediate calculations, Amounts to be deducted should be indicated by a minus sign.) Chart Values are Based on: Select Chart py Factor - Present Value Cash Flow Annual cash flow Residual value Net present walu