please help with #4

Most Company has an opportunity to invest in one of two new projects. Project Y requires a $325,000 Investment for new machinery with a six-year life and no salvage value. Project Z requires a $325,000 Investment for new machinery with a five-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. EVO 51. PVA of $1. and PVA of $ (Use appropriate factor(s) from the tables provided.) Project $370,000 Project z $296,600 Sales Expenses Direct materials Direct labor Overhead Including depreciation Selling and administrative expenses Total expenses Pretax income Income taxes (26%) Net Income 51.899 74,830 133,280 26,000 285,880 85,Bee 22. lee 562.90 37,699 44,400 133,200 26,000 240, 6e0 55, 4ee 14,404 $40.996 Required: 1. Compute each project's annual expected net cash flows. Project Y T Project Z et inom -2.900 $ Depreciation expense 54.10 Expected net cash flows et cash flows $ 117.087 $ 105.998 Most Company has an opportunity to invest in one of two new projects. Project Y requires a $325,000 Investment for nu machinery with a six-year life and no salvage value. Project Z requires a $325,000 Investment for new machinery with a five 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. EVO 51. PVA OTS, and PVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y Project z $370,000 $296,899 51, see 37, Bee Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax income Income taxes (264) 133,200 133,200 26. eee 26. eee 285, eee 248, see 85. Bee 55.489 22.lee 14,484 $ 62.990 S40,996 Net income 2 Determine each project's payback period. Choose Numerator: Cost of investment 325 000 325 000 Payback Period Choose Denominator: Annual net cash flow IS 105.998 Payback Period Payback period 2.78 years 1170 Pro ect 307 vers 3. Compute each project's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator: Annual after-tax net income Annual average investment 15 62.000 117,087 = $ 40,998 1 105.998 = Accounting Rate of Return Accounting rate of return 53.7%. 38.7% Project Y Project Z 4. Determine each project's net present value using 8% as the discount rate. Assume that cash flows occur at each year-end. Round your Intermediate calculations.) Project Chart values are based on: Amount Select Chart Present Value of an Annuity of 1 t * PV Factor - Present Value Present value of cash inflows Present value of cash outflows Net present value Project Chart values are based on: Amount PV Factor = Present Value Select Chart Present Value of an Annuity of 1 Present value of cash inflows Present value of cash outflows Net present value