Project Y requires a $328,500 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 EVA of) (Use appropriate factor(s) from the tables provided.) Annual Amounta Sales of new product Materiale, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Project Y $375,000 160,000 65,700 27,000 $114,300 Required: 1. Compute Project Y's annual net cash flows. Annual amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Net cash flow Income Cash Flow $ 375,000 168,000 65,700 27,000 $ 114,300 $