Required information [The following information applies to the questions displayed below, Project Y requires a $315,000 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, EV of \$1, PVA of \$1, and EVA or \$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 calculations, Round your present value factor to 4 decimais and final answers to the nearest whole dollac.)