Project Y requires a $343,500 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 FVA of $1) (Use appropriate factor(s) from the tables provided.)

Annual Amounts	Project Y
Sales of new product	$ 375,000
Expenses
Materials, labor, and overhead (except depreciation)	168,000
DepreciationMachinery	85,875
Selling, general, and administrative expenses	27,000
Income	$ 94,125

Compute Project Ys annual net cash flows.

Expected Income
Revenues
Expenses
		0
Expected Net Cash Flow
0
Net cash flow