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! Required information [The following information applies to the questions displayed below.] Project Y requires a $339,000 investment for new machinery with a four-year

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! Required information [The following information applies to the questions displayed below.] Project Y requires a $339,000 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 $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Project Y $ 370,000 165,760 84,750 26,000 $ 93,490

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