Question 6 - You can find the tables online just google PV of $1 table

please answer in same format as question

Required information Problem 24-2A (Algo) Payback period, accounting rate of return, net present value, and net cash flow calculation LO P1, P2, P3 [The following information applies to the questions displayed below.] Project Y requires a $318,000 investment for new machinery with a five-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.) Problem 24-2A (Algo) Part 1 Required: 1. Compute Project Y's annual net cash flows