Please answer the question clearly. It is 1 question broken down into 4 parts.

O 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 $340,000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $340,000 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 $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y Project z Sales $390,000 $312,888 Expenses Direct materials 54,600 39,000 Direct labor 78,000 46,800 Overhead including depreciation 148,402 140,400 Selling and administrative expenses 28,000 28,000 Total expenses 301,00 254,200 Pretax income Income taxes (364) 89,000 57,800 32,840 28,888 $ 56,960 $ 36,992 Net income Required: 1. Compute each project's annual expected net cash flows. Project Y Project 2 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 $340,000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $340,000 investment for new machinery with a four-year life and no salvage value. The two projects yleld the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y Project z $390,000 $312,000 Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax income Income taxes (364) Net income 54,600 39,000 78,000 46,800 140,400 140,400 28,000 28,000 301,800 254,200 89,000 57,800 32,840 20,808 $ 56,960 $ 36,992 2. Determine each project's payback period. Payback Period Choose Denominator: Choose Numerator: Payback Period Payback period 0 0 Project Y Project 2 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 $340,000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $340,000 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 $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y Project z Sales $390,000 $312,000 Expenses Direct materials 54,600 39,000 Direct labor 78,000 46,880 Overhead including depreciation 140,400 140,400 Selling and administrative expenses 28,000 28,888 Total expenses 301,080 254,200 Pretax income 89,000 57,800 Income taxes (364) 32,040 20,888 Net income $ 56,960 $ 36,992 3. Compute each project's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator Project Y Project Z Accounting Rate of Return Accounting rate of retum 0 0 ! 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 $340,000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $340,000 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 $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y Project z Sales $390,000 $312,800 Expenses Direct materials 54,600 39,800 Direct labor 78,000 46,800 Overhead including depreciation 140,480 140,400 Selling and administrative expenses 28,000 28. eee Total expenses 301, eee 254,200 Pretax income 89,eae 57,800 Income taxes (364) 32,040 20,888 Net income $ 56,968 $ 36,992 4. Determine each project's net present value using 10% as the discount rate. Assume that cash flows occur at each year-end. (Round your intermediate calculations.) Project Y Chart values are based on: Select Chart Amount PV Factor Present Value $ 0 Net present value Project Z Chart values are based on Select Chart Amount PV Factor Present Value 0 Net present value