I

Required information

$[$The following information applies to the questions displayed below.$]$

Project $Y$ requires a $$331,500$ investment for new machinery with a five$-$year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$ Note: Use appropriate factor$($s$)$ from the tables provided.

$\backslash$table$[[$Annual Amounts,Project Y$],[$Sales of new product,$$375,000$