Problem 24-2A (Algo) Payback period, accounting rate of return, net present value, and net cash flow calculation LO P1, P2, P3 [The following information applies to the questions displayed below.] Project Y requires a $348,000 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 foctor(s) from the tables provided.) blem 24-2A (Algo) Part 4 Determine Project Y's net present value using 7% as the discount rate (Do not round intermediate calculations. Round your 4. Determine Project Y 's net present value using 7% as the discount rate. (Do not round intermediate calculations. Round your present volue foctor to 4 decimals ond final answers to the nearest whole dollar.)