Project Y requires a $301,500 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 EVA of \$1) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute Project Y's annual net cash flows. 2. Determine Project Y's payback period. 3. Compute Project Y's accounting rate of return. 4. Determine Project Y's net present value using 9% as the discount rate. (Do not round intermediate calcula present value factor to 4 decimals and final answers to the nearest whole dollar.)