[The following information applies to the questions displayed below.) Project Y requires a $333,000 investment for new machinery with a four-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 PVA of $1) (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 Project Y $ 350,000 155,800 83,250 25,000 $ 84,950 4. Determine Project Y's net present value using 10% as the discount rate (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.) Years 1-6 Net prsent value Net Cash Flows X Present Value. of Annuity at 10% Present Value of Net Cash Flows Check my work