please help, show all of work

A company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $960,000 cost with an expected four-year life and a $40,000 salvage value. Additional annual information for this new product line follows: Required: (1) Determine income and net cash flow for each year of this machine's ufe. (2) Compute this machine's paybock period, assuming that cash flows occur evenly throughout each year. Please submit your file attachment response in one of the approved file formats; Word file (.doc or .docx), Excel file (.xis or .xisx), or PDF. To submit photo or image files please paste them into Word or PDF. Consult with your instructor as needed on their preferred file attachment format