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 $345,000 investment for new machinery with a sbx-year life and no salvage value. Project Z requires a $345,000 investment for new machinery with a five-year ife 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 yeac, (PV of S1. EV of S1. PVA of S1, and EVA ofS1] ) (Use appropriate factor(s) from the tables provided.) 3. Compute each project's accounting rate of return. 4. Determine each project's net present value using 7% as the discount rate. Assume that cash flows occur at each year-end. (Round your intermediate calculations.)