Project Y requires a $316,500 investment for new machinery with a six-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.) 4. Determine Project Y's net present value using 9% 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.)