[The following information applies to the questions displayed below.] Project Y requires a $307,500 investment for new machinery with a five-year life and no salvage value. The project ylelds the following annual results. Cash flows occur evenly within each year. (PV of \$1. EV of \$1. PVA of S1, and EVA of S1) (Use oppropriate factor(s) from the tobles provided.) Problem 11-2A (Algo) Part 2 2. Determine Project Y's payback period