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please help Required Information {The following information applies to the questions displayed below) Most Company has an opportunity to invest in one of two new

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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 $305,000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $305,000 investment for new machinery with a three-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 $360, 808 $288, 006 Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax income Income taxes (385) Net income 50, 400 36,000 72,000 43,209 129,600 129,600 26,999 26,000 278,000 234,800 82,000 53,200 24, 600 15,960 $ 57, 400 $ 37,240 4. Determine each project's net present value using 9% as the discount rate. Assume that cash flows occur at each year-end. (Round your Intermediate calculations.) Project Y Chart values are based on: 1 Select Chart Amount X PV Factor Present Value Net present value Project z Chart values are based on: n Select Chart Amount PV Factor Present Value Net present value

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