Quary Company is considering an investment in machinery with the following information. $ Initial investment Materials, labor, and overhead (except 353,000 depreciation) Useful life 9 years Depreciation-Machinery Salvage value $ 20,000 Selling, general, and administrative expenses Expected sales per 17,650 units Selling price per unit year 79,425 37,000 8,825 $ 10 (a) Compute the investment's annual income and annual net cash flow. (b) Compute the investment's payback period. Complete this question by entering your answers in the tabs below. Required Required A B Compute the iny Required B al income and annual net cash flow. Annual Amounts Income Cash Flow Sales of new product $ 176,500 Expenses Materials, labor, and overhead (except 79,425 depreciation) Selling, general, and administrative expenses 8,825 DepreciationMachinery 37,000 Income $ Net cash flow $ 51,250 0