Please organize it exactly as seen and show your work

Required: 1. Compute each project's annual expected net cash flows. Net Income Depreciation expense Project Y Project Z $ 51,770 $ 33,666 77,500 103,333 Expected net cash flows $ 131,900 $ 141,073 2. Determine each project's payback period. Payback Period Choose Numerator: Choose Denominator: Payback Period = Payback period Project Y Project 2 3. Compute each project's accounting rate of retum. Accounting Rate of Return 1 Choose Denominator: Choose Numerator: - Accounting Rate of Return Accounting rate of return Project Y Project Z 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: Select Chart Amount x PV Factor = Present Value Net present value Project z Chart values are based on: Select Chart Amount * PV Factor - Present Value Net present value Most Company has an opportunity to invest in one of two new projects. Project Y requires a $310,000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $310,000 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. (FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y $365,000 Project Z $292,000 Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses 51,100 73.000 131,400 26,000 36,500 43,800 131,400 26,000 Total expenses 281,500 237,700 Pretax income Income taxes (38%) 83,500 31,730 54,300 20,634 Net income $ 51,770 $ 33,666