Project Y requires a $350,000 investment for new machinery with a four-year life and no salvage value. The project ylelds 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.) Project Y $ 350,000 Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income 157,500 87,500 49,000 $ 56,000 3. Compute Project Y's accounting rate of return Accounting Rate of Retum Denominator Numerator Project Accounting rate of return 0 Project Y requires a $350,000 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.) Project Y $ 350, een Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income 157,500 87,500 49,000 $ 56,000 4. Determine Project Y's net present value using 8% as the discount rate. (Do not round Intermediate calculations, Round your present value foctor to 4 decimals and final answers to the nearest whole dollar.) Project Chart values are based on Select Chart Amount PV Factor Present Value Net present value