Required information [The following information applies to the questions displayed below] Project Y requires a $322,500 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 or \$1. EV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) 2. Determine Project Y's payback period