Project Y requires a $336,000 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 FVA of $1) (Use appropriate factor(s) from the tables provided.) Annual Amounts Project Y Sales of new product $ 390,000 Expenses Materials, labor, and overhead (except depreciation) 174, 720 Depreciation Machinery 84,000 Selling, general, and administrative expenses 28,000 Income $ 103,280 Required: 1. Compute Project Y's annual net cash flows. Expected Income Revenues Expenses 0 Expected Net Cash Flow 0 Net cash flow