Factor Company is planning to add a new product to its line. To manufacture thls product the company needs to buy a new machine at a $503,000 cost with on expected four-year life and a $10,000 salvoge yalue. Additonal onnuat information for this new product line follows. (PV of S1. EV of S1. PVA of 51, and EVA of \$1) (Use appropriote factoris) from the tabies provided.) Requlred: 1. Determine income and net cash fow for each year of this machine's life. 2. Compute this machine's payback period, assuming that cash flows occur evenly throughout each yeat. 3. Compute net present value for this machine using a discount rote 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. 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 $503,000 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. EV of S1. PVA of 51, and EVA of \$1) (Use appropriote foctor(6) from the tables provided.) Required: 1. Determine income and net cash flow for each year of this machines lite 2. Compute this machine's payback period, assuming that cash fows occur evenly throughout each year. 3. Compute net present value fot this machine using a discount rate of 6%. Complete this question by entering your answers in the tabs below. Compute this machine's payback period, assuming that cash llows occur evenly throughout each year. 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 $503,000 cost with an expected four-year life and a $10,000 salvage value. Additional annual information for this new product line follows. (PV of S1. EV of S1. PVA of \$1, and FVA of \$1) (Use approprlate factor(t) from the tables provided.) Requited: 1. Determine income and net cash flow for each year of this machine's ife. 2. Compute this machine's payback pentod, assuming that cash llows 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. Compute net present value for this machine using a discount rate of 6%. (Do not round intermediate calculations. Niegative aimounts chould be entered with a minus sign. Round your present volue factor to 4 decimals and final answers to the neareat? whole dollar.)
