Required information [The following information applies to the questions displayed below] Project Y requires a $300,000 investment for new machinery with a six-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1. FV of $1. PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income Required: 1. Compute Project Y's annual net cash flows Annual amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income Net cash flow $ Income 395.000 176,960 50,000 28,000 $ 140,040 $ Project Y $ 395,000 176,960 50,000 28,000 $ 140,040 Cash Flow 0

Required informetion The following intormation applies to the questions dispiayed ociow? Project Y requires a $300,000 investment for new machinery with a sox-year ife and no salvage walue The project yields the following annual results Cash fows occur evenly within each yeas (PV of Si. EV of SL. PVA ofSL, and DVA of S1) Note: Use appropriete foctor (s) from the tobles provided. Required: 1. Compute Project Ys annual net cash flows