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 $330,000 investment for new machinery with a six-year life and no salvage value. Project Z requires a $330,000 vestment for new machinery with a five-year e 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 year. FV of $1, PV of $1, FVA of $1 and PVA of use appropriate factors) from the tables provided Project Y Project Z 395,000 316,000 Sales Expenses Direct materials 55,300 39,500 Direct labor 79,000 47400 overhead including depreciation 142,200 142,200 Selling and administrative expenses 28.000 28.000 Total expenses 304,500 257100 Pretax income 90,500 58,900 36,200 23,560 54,300 35.340 Net