Required 1 Required 2 Required 3 Determine income and net cash flow for each year of this machine's life. Expected Income Revenues Sales Expenses Materials, labor, and overhead (except depreciation) $ 1,507,000 Selling, general, and administrative expenses Depreciation-Machinery 172,000 118,000 Total expenses Income Expected Net Cash Flow Income Depreciation-Machinery Net cash flow $ 1,910,000 1,797,000 $ 113,000 $ 19 113,000 118,000 $ 231,000