PLEASE WRITE YOUR ANSWERS ON A TABLE.

Project Y requires a $336,000 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within 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 $ 390,000 Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses 174,720 84,000 28,000 Income $ 103,280 Quail Company is considering buying a food truck that will yield net cash inflows of $10,800 per year for seven years. The truck costs $45,000 and has an estimated $6,500 salvage value at the end of the seventh year. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return? Chart Values are Based on: n = i= % Cash Flow Select Chart Amount PV Factor Present Value Annual cash flow Additional cash flow Net present value 2. Determine Project Y's payback period. Payback Period Denominator: Numerator: = Payback Period Project Y Il 0 3. Compute Project Y's accounting rate of return. Accounting Rate of Return Numerator: 1 Denominator: 1 Accounting Rate of Return Project Y 1 4. Determine Project Y's net present value using 7% as the discount rate. (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.) Project Y Chart values are based on: n = i = Select Chart Amount PV Factor = Present Value II Net present value