How do you do this?

\fInformation for two alternative projects involving machinery investments follows. Project1 requires an initial investment of $274,500. Project 2 requires an initial investment of $186,000. -nua1-'-Emon-trs= _ ~E'r'oject'l'i Project: 2 Sales of new product S 168,000 $ 148,000 Expenses Materials, labor, and overhead (except depreciation} 32,000 69,000 DepreciationMachinery 37,000 35,000 Selling, general, and administrative expenses 25,000 37,000 Income $ 24,000 $ 27,000 {a} Compute each project's annual net cash ows. {b} Compute payback period for each investment. Complete this question by entering your. answers int-he tabs mow. Required A Required 13 Compute each project's annual net cash ows. Net cash ow