Project Y requires a $345,000 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.) Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income 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 375,000 168,000 57,500 27,000 122,500 $ Project Y $ 375,000 168,000 57,500 27,000 $ 122,500 Cash Flow

Project Y requires a $345,000 investment for new machinery with a six-year life and no salvage value. The project yields the following annual resuits. 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.) Required: 1. Compute Project Y 's annual net cash flows