Please show work on how to calculate the cash flow colums

Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $135,000. Project 2 requires an initial investment of $98,000. Annual Amounts Project 1 Project 2 Sales of new product $ 100,000 $ 80,000 Expenses Materials, labor, and overhead (except depreciation) 65,000 32,000 Depreciation Machinery 20,000 18, eee Selling, general, and administrative expenses 8,000 20,000 Income $ 7,000 $ 10,000 (a) Compute each project's annual net cash flow. (b) Compute payback period for each investment Complete this question by entering your answers in the tabs below. Required A Required Compute each project's annual net cash now. Project 1 Project 2 Income Cash Flow Income Cash Flow 100,000 100,000 $ 80,000 $ 80,000 Annual Amounts Sules of new product Expenses Materials, tabor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income 65,000 20,000 8,000 7,000 32,000 18,000 20,000 10,000 $ $ Net cash flow $ 100,000 $ 80,000 SA Required >