L-. Required Information [The following Information applies to the questions displayed below] Project Y requires a $310,500 investment for new machinery with a five-year life and no salvage value. The project yields the following annual results. Cash ows occur evenly within each year. (PV of $1. FV of $1, PVA of $1. and EVA of $_1) (Use appropriate factoris) from the tables provided.) Sale: of new product 3 360,000 Expenses Materials, labor, and overhead (except. depreciation) 161,280 Depreciation-Machinery . 62, 10 0 Selling, general, and administrative expenses 25.000 Income $ 110,620 t 4. Determine Project Y's net present value using 10% as the discount rate. (Do not round Intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whore dollar.) 0 Answer Is not complete