Required information [The following information applies to the questions displayed below] Project Y requires a $303,000 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 S1. EV of S1. PVA of S1, and EVA of SI) (Use appropriote factor(s) from the tables provided.) 4. Determine Project Y 's net present value using 7% as the discount rate. (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the neorest whole dollar.)