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. ( PVof \$1. PV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) 4. Determine Project Y's net present value using 7% as the discount rate. (Do not round intermediate calculati Round your present value factor to 4 decimals and final answers to the nearest whole dollar.)