Hello!

For the most part, I understand what I am doing, but some of my answers are still showing as incorrect or incomplete, please help!

Required Information [The following information applies to the questions displayed below.] Project Y requires a $336,000 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y $365,800 Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income 163, 52e 84, cee 26,00 $ 91,480 Required: 1. Compute Project Y's annual net cash flows. Answer is not complete. Expected Income Revenues Sales IS 385,000 IS Expenses Materials, labor, and overhead (except depreciation) Selling, general, and administrative expenses DepreciationMachinery gol 163.520 26.000 Total expenses 189,520 91.480 Income > S Expected Net Cash Flow Income IS 91,480 > DepreciationMachinery Net cash flow 84.000 175,480 S 2. Determine Project Y's payback period. Numerator: Answer is complete and correct. Payback Period Denominator: | Annual net cash flow 336,000 11 S 175,480 Initial investment = Payback Period 1.91 years Project Y $ = 3. Compute Project Y's accounting rate of return. Accounting Rate of Return Numerator: 1 Denominator: Income $ 1 Average investment 1 Accounting Rate of Return 0 Project Y 91.480 4. Determine Project Y's net present value using 8% as the discount rate. (Do not round Intermediate calculations. Round your present value factor to 4 declmals and final answers to the nearest whole dollar.) Project Y Chart values are based on: n= i = 8% Select Chart Amount X PV Factor Present Value = s 0 Net present value