Questions 5-8 (of 8 The following information applies to the questions displayed below Most Company has an opportunity to invest in one of two new projects. Project Y requires a $330,000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $330,000 investment for new machinery with a three-year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year. (FV of S. PV of S1.FVA of $1 and PVA of St) (Use appropriate factorfs) from the tables provided) Project Y Project Z 380,000 $304,000 38,000 136,800 6,800 27000 293,000 247400 34,800 56,600 87000 22.640 s 52.200 33,960 Expenses Direct materials Direct labor 53.200 ovet ead incuding depredtion 38.80136 800 Selling and administrative expenses Total expenses Pretax income income taxes (40%) Net income 27000 5. 187 points 80 p888 4