Hardeep please....

Problem 24-1A Computation of payback period, accounting rate of return, and net present value LO P1, P2, P3 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 $483,000 cost with an expected four-year life and a $19,000 salvage 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, FV of $1, PVA of $1, and FVA of S1) (Use appropriate factor(s) from the tables provided.) Expected annual sales of new product Expected annual costs of new product $1,890,000 Direct materials Direct labor Overhead (excluding straight-line depreciation on new machine) Selling and administrative expenses Income taxes 495,000 672,000 337,000 158,000 32% 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 6% 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.) Answer is not complete. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required 4Required 5 Compute straight-line depreciation for each year of this new machine's life 1890,000 Required 1 Required2> 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 $483,000 cost with an expected four-year life and a $19,000 salvage 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, FV of $1, PVA of $1, and FVA of $1 (Use appropriate fector(s) from the tebles provlded.) Expected annual sales of new product Expected annual costs of new product $1,89e,800 Direct materials Direct labor Overhead (excluding straight-line depreciation on new machine) Selling and administrative expenses Income taxes 495,808 672,808 337,808 158,8e8 32% Requlred: 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. 3, Compute the net present value for this machine using a discount rate of 6% 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.) Answer is not complete Complete this question by entering your answers in the tabs below Required 1 Required 2Required 3Reqired 4 Required 5 Determine expected net income and net cash flow for each year of this machine's life. Net Income Sales s 1,880,000 Expenses Direct materials Direct labor Overhead excluding straight Straight-line depreciation on new machine Selling and administrative expenses S 495,000 672.000 -line depreciation on new337,000 116,000 158,000 1,778,000 112,000 machine Total expenses 3,668,000 Net Cash Flow Problem 24-1A Computation of payback period, accounting rate of return, and net present value LO P1, P2, P3 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 $483,000 cost with an expected four-year life and a $19,000 salvage 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, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) $1,890,000 Expected annual sales of new product Expected annual costs of new product Direct materials Direct labor Overhead (excluding straight-line depreciation on new machine) Selling and administrative expenses Income taxes 495,000 672,000 337,000 158,000 32% 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 6% 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.) Answer is not complete. Complete this question by entering your answers in the tabs below Required 1 Required 2Required 3 Required 4Required 5 Compute this machine's accounting rate of return, assuming that income is earned evenly throughout each year. Accounting Rate of Return Choose Numerator: Choose Denominator: Accounting Rate of Return Annual after-tax netNet income ncome Accounting rate of return 192,160 xS 483,000 x 39.78 Required 3 Required 5 > Problem 24-1A Computation of payback period, accounting rate of return, and net present value LO P1 P2, P3 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 $483,000 cost with an expected four-year life and a $19,000 salvage value. All sales are for cash, and all costs are out-of-pocket, except for depreclation on the new machine. Additional Information Includes the following. (PV of $1. FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tebles provided.) Expected annual sales of new product Expected annual costs of new product $1,898,800 Direct materials Direct labor Overhead (excluding straight-1ine depreciation on new machine) Selling and administrative expenses Income taxes 495,8e8 672,888 337,8e8 158,808 32% Requlred 1. Compute straight-lne depreclation for each year of this new machine's lfe. 2. Determine expected net Income and net cash flow for each year of this machine's life. 3. Compute this machine's payback perlod, 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 6% and assuming that cash flows occur at each year-end (Hint Salvage value Is a cash Inflow at the end of the asset's lfe.) Answer is not complete Complete this question by entering your answers in the tabs below Required 1Required 2 Required 3 Required 4Required 5 Compute the net present value for this machine using a discount rate of 6% 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.) (Do not round intermediate calculations. Amounts to be deducted should be indicated by a minus sign.) Chart Values are Based on 6% Select Chart Present Value of an Annuity of Present Value of 1 Cash Flow Amount Annual cash FOW Residual value 19,000 15,048 Present value of cash outflows Net present value S 197.882