Help Required information The following information applies to the questions displayed below! Most Company has an opportunity to invest in one of two new projects Project Y requires a $345.000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $345.000 investment for new machinery with a four year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year. (PV of 51, FV of $1. PVA of S1, and FVA of $1 (Use appropriate factor(s) from the tables provided.) Project Y Project z $400,000 $320,000 Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax income Income taxes (28%) Net income 56,000 80,000 144,000 29,000 309,000 91,000 25, 480 $ 65,520 40,000 48,000 144,000 29, 261,000 59,000 16,520 $ 42,480 4. Determine each project's net present value using 8% as the discount rate. Assume that cash flows occur at each year-end. (Rou your intermediate calculations.) Termine parniertenor recent van TICIN X e YA MICANT TATA Beermen Required information Project Chart values are based on: n= Select Chart Amount * PV Factor = Present Value Net present value Project Z Chart values are based on: Select Chart Amount x PV Factor = Present Value