Required information Problem 26-2A (Static) 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 $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 S1. EV of S1. PVA of S1, and EVA of S1) Note: Use oppropriate foctor(s) from the tables provided. Problem 26.2A (Static) Part 3 3. Compute Project Y's accounting rate of return