Information fortwo alternative projects involving machinery investments follows. Projecti requires an initial investment of $202,500. Project 2 requires an initial investment of $138,000. Annual Amounts Project 1 Project 2 Sales of new product $ 135,666 5 116,666 Expenses Materials, labor, and overhead (except depreciation) I'll-86 41,866 Depreciati.onl\"1achiner3.I 29,666 27,666 Selling, general, and administrative expenses 1?,666 29,666 Income 5 15.339 5 19,399 [a]: Compute each project's annual net cash flow. lb} Compute payback period for each investment. Complete this question by entering your answers in the labs below. Required A Required B Compute each project's annual net cash ow. Sales ofnew product 135,000 Expe rises Materials, labor. and overhead (except depreciation] Depreciatio nMachinery Selling= general, and administrative expenses Income Net cash ow Required B >