\fRequired information 'he following infomaiion applies to the questions displayed below] Project Y requires a $304,500 investment for new machinery with a six-year life and no salvage value. The project yields the following annual resuits- Cash ows occur evenly within each year. {PV of $1, FV of $1, PVA of $1 and FVA of $1} {Use appropriate factorial from the tables provided.) Annual Amounts Project: Y Sales of new product $ 385,000 Expenses Materials, labor, and overhead (except depreciation} 112,480 DepreciationMachinery 50 , T50 Selling, general, and administrative expenses 28,000 Income $ 133,170 4. Determine Project Y's net present value using "1% as the discount rate. {Do not round intermediate calculations. Round your present value factor to 4 decimals and nal answers to the nearest whole dollar.) Chart values are based on: Net present value