Project Y requires a $307,500 investment for new machinery with a five-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of \$1, EV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) 3. Compute Project Y's accounting rate of return. Cost of goods sold Current assets Current liabilities Net sales Total assets