Required Information 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 $335.000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $325,000 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, PV or Si, vor SIPVA FS1, and FVA of S1 (Use appropriate factor(s) from the tables provided.) Project Project $180,00 $364,000 Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax incore Income taxes (322) Net Income 53,200 31,00 75,000 45,600 135,00 236, 27. 27.000 293.000 247.40 7.000 56. 27.80 28.112 $ 59,160 538,433 4. Determine each project's net present value using 10% as the discount rate. Assume that cash flows occur at each year-end. (Round your Intermediate calculations.) Project Chart values are based on - Select Chart Amount TV Factor Net present value Project Chart values are based on Select Chant PV Fact 5 G Net present value