Factor Company.is planning to add a new product to its line. To a $507000 cost with an expected four-year life and a $19.000 salvage value. All sales are for cash, and all except for depreciation on the new machine. Additional information includes the following S) (Use appropriate factor(s) from the tables provided.) manufacture this product, the company needs to buy a new machine at costs are out-of-pocket (eY of S1 EVof S1. EVA ot S1. and FVA of Expected annual sales of new product Expected annual costs of new product $1,85e,eee Direct materials Direct labor Overhead (excluding straight-line depreciation on neu nachine) Selling and administrative expenses Income taxes 470,800 673,000 336,880 146,088 400 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 8% 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 1Required 2Required 3 Required 4 Required S Compute straight-line depreciation for each year of this new machine's here to search