Required information [The following information applies to the questions displayed below.] Project Y requires a $318,000 investment for new machinery with a five-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. ( PV of \$1. EV of.\$1. PVA of \$1, and EVA of \$11) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute Project Y's annual net cash flows. Required: 1. Compute Project Y's annual net cash fiows. Answer is complete and correct