HELP PLEASE

Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $258,500. Project 2 requires an initial investment of $192,000

annual amounts	project 1	project 2
sales of new product	$14,000	$120,000
expenses
material, labor, and overheard (except depreciation)	75,000	42,000
depreciation-machinery	30,000	28,000
selling, general, and administrative expenses	18,000	30,000
income	$17,000	$20,000

, (a) Compute each projects annual net cash flow.

annual amount	project 1		project 2
	income	cashflow	income	cashflow
sales of new product	$140,000	?	$120,000	?
expenses
material, labor and overhead (except depreciation)	75,000	?	42,000	?
depreciation-machinery	30,000	?	28,000	?
selling, general, and administrative expenses	18,000	?	30,000	?
income	17,000	?	20,000	?
net cash flow		0		0

(b) Compute payback period for each investment.

Payback period->	->	->	->	->	->	->
	Numerator	/	denominator
	?	/	?	=	payback period	payback period
Project 1	?		?	=	0
Project 2	?		?	=	0