Problem 26-1A (Algo) Payback period, net present value, and net cash flow calculation LO P1, P3 Factor Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $511,000 cost with an expected four year life and a $19,000 salvage value. Additional annual information for this new product line follows (PV of $1. EV of $1. PVA of S1, and FVA of SD (Use appropriate factor(s) from the tables provided.) Sales of new product 11,950,00 Expenses Materials, laborand trehead (except depreciation) 1,493,00 Depreciation Machinery 123, Selling general, and administrative expenses 166, Required: 1. Determine income and net cash flow for each year of this machine's life 2. Compute this machine's Dayback period, assuming that cash flows occur evenly throughout each yeat 3. Compute net present value for this machine using a discount rate of 8% Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Determine income and net cash flow for each year of this machine's life. Expest Income Revues Required: 1. Determine income and net cash flow for each year of this machine's life. 2. Compute this machine's payback period, assuming that cash flows occur evenly throughout each year. 3. Compute net present value for this machine using a discount rate of 8%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine income and net cash flow for each year of this machine's life. Expected Income Revenues Expenses 0 Expected Net Cash Flow 0 Net cash flow Required 23 CS 2 2 po folows. p. 1. E of SL PVA of $1.and EVA 59 (Use appropriate factor from the tables provided) Sato product Materials, aber warhead ( depreciation) 1,403, Dreisty 12 Selline relatives 340, Required: 1. Determine income and net cash flow for each year of this machine's te 2. Compute the machine's payback penod. In cash flows occurvey throughout you 3. Compute net present value for this machine using a discount rate of Complete the question by entering your answers in the tabs below fo para Han Computer value for the main contract CV C Selechar vast 3