$[$The following information applles to the quest$/$ons dilsplayed below.$]$

Project Y requires a $$343,500$ investment for new machinery with a slx$-$year life and no salvage value. The project ylelds

the following annual results. Cash flows occur evenly within each year. $($PV of $$1.$ FV of $$1.$ PVA of $$1.$ and FVA of $$1)($Use

appropriate factor$($s$)$ from the tables provided.$)$

Determine Project Y$\text{'}$s net present value using $9\%$ as the discount rate. $($Do not round Intermedlate calculatlons. Round your

present value factor to $4$ decimals and final answers to the nearest whole dollar.$)$